The transport secretary says: New laws will be introduced to prevent travelers from being left in a “ridiculous situation” following the collapse of firms such as Thomas Cook.

Grant Shapps was speaking after the travel giant went into liquidation earlier this week, leaving 150,000 passengers having to be repatriated to the UK.

Mr. Shapps told and mentioned parliament that he wishes and hoped new laws would enable stricken travel firms to be wound down in a “more orderly” way.

“government would examine the “reforms necessary to ensure passengers do not find themselves in this ridiculous situation ever again,” He said.

“[Travel companies] need to be able to look after their customers and we need to be able to ensure their planes can keep flying so that we don’t have to set up a shadow airline” He added.

“This is where we will concentrate on our efforts in the next couple of weeks.

“We will need primary legislation and, dare I say it, a new session of parliament.”