Report on Comet collapse will not be made public He added: "Clearly OpCapita has very serious questions to answer." Business Secretary Mr Cable has ordered an inquiry into Comet's collapse and said he took the allegations "very seriously." He added: "The collapse of the Comet chain has caused great distress. It's not just the direct job losses, it's the supply companies and there is a large amount of unpaid credit and the taxpayer stands to lose £50m. But, speaking at business questions in the Commons, he claimed he was banned from revealing the investigation's findings. "As it happens, under the law I'm not allowed to publish the report," said the Business Secretary. He said he would brief Labour on the findings and recommendations, and added that the case showed Britain's insolvency regime may need revamping. This episode reveals wider possibly failures in the system. There may well be better ways of handling insolvency," said the Business Secretary. He said officials would examine whether the US system worked better.