The crisis was the subject of heated parliamentary debate last week, with Teresa May's government struggling on multiple fronts to defend the idea of public services contracting, launch a convincing investigation of what happened, take credible steps to
deal with what is widely
seen as compensation - gouging by the company's directors, the perception of
sweetheart contracts extended to a struggling company, continuing doubtsabout official and company conflicts of interest, and about the impact of still - undetermined huge taxpayer losses — not least over underfunded pensions that have now come onto its books.