Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what discussions (a) he, (b) his Ministers and (c) his officials have had with the management of the Royal Bank of Scotland on Thomas Cook UK between 14 September 2019 and the collapse of that company.
The government manages its shareholding in RBS at arm’s length on a commercial basis through UK Government Investments Ltd (UKGI). UKGI's role is to manage the investment, not the bank itself. RBS retains its own independent board and management team for strategic and operational decision-making, including in relation to commercial lending, and the government has no role in such decision-making.