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uin	100405
answer › answering member printed	Paul Scully

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1241218

registered interest

date

07/10/2020

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Insolvency

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect on levels of company insolvency in each sector of the economy of the decision not to extend the provisions on wrongful trading in the Corporate Governance and Insolvency Act 2020.

tabling member constituency

Manchester Central

tabling member printed

Lucy Powell

uin

100405

answer

is ministerial correction

date of answer

12/10/2020

answer text

The wrongful trading provisions are an important protection for creditors against insolvent trading but were suspended at the peak of lockdown to support directors to continue to trade whilst accessing the financial support put in place by Government. Since the suspension was first introduced a range of measures have been brought in by the Government to provide support for business and save jobs across all sectors of the economy. In addition, a range of temporary measures to protect businesses in all sectors from insolvency have been further extended.

answering member constituency

Sutton and Cheam

answering member printed

Paul Scully

question first answered

12/10/2020 16:18:48

answering member

4414

label	Biography information for Paul Scully

tabling member

4263

label	Biography information for Lucy Powell