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<p>My rt. hon. Friend, the Secretary of State for Business, Energy and Industrial
Strategy, and I are working to ensure information is provided to SMEs in the Carillion
supply chain in a timely manner.</p><p>The Secretary of State has chaired two meetings
of a taskforce to advise on the impact on small businesses affected by the Carillion
insolvency on 18 and 22 January. The taskforce’s attendees included representatives
from leading business bodies, the construction trade sector, unions, banks and government.</p><p>In
addition I have met leading business and construction trade bodies, representing Carillion’s
sub-contractors, on 3 occasions in the last 10 days to understand the impact of Carillion’s
insolvency on the supply chain, and agree actions that could be taken to mitigate
this. It is our intention to continue to meet regularly with this group on an ongoing
basis.</p><p>The Secretary of State and I met major high street lenders on 17 January
2018 to seek assurances that they will not penalise small businesses affected by Carillion’s
liquidation. Lenders are contacting customers and, where appropriate, are putting
in place emergency measures, including overdraft extensions, payment holidays and
fee waivers to ensure those facing short term issues can be helped to stay on track.
Details of these can be found at</p><p><a href="https://www.ukfinance.org.uk/banks-offer-support-to-business-customers-impacted-by-carillion/"
target="_blank">https://www.ukfinance.org.uk/banks-offer-support-to-business-customers-impacted-by-carillion/</a>.</p><p>The
Department is providing a range of advice and support services for firms, delivered
both nationally and locally available to SMEs affected by the insolvency of Carillion.
These include a network of 38 Local Growth Hubs, run in conjunction with the Local
Enterprise Partnership, to help businesses of all sizes and in all sectors to access
support.</p><p>Information is published online by the Insolvency Service for employees,
creditors and suppliers affected and seeking advice. In addition to providing current
information, they provide a dedicated hotline for enquiries and contact numbers to
other relevant organisations such as the Pensions Advisory Service, and the website
PwC have been established to provide information.</p><p>These can be found at: <a
href="https://www.gov.uk/government/news/carillion-declares-insolvency-information-for-employees-creditors-and-suppliers"
target="_blank">https://www.gov.uk/government/news/carillion-declares-insolvency-information-for-employees-creditors-and-suppliers</a>.</p>
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