Asked by: Lisa Smart (Liberal Democrat - Hazel Grove)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what progress his Department has made on the upcoming parental leave review; and if he will make a statement.
Answered by Justin Madders
The government has committed to review the parental leave system to ensure it best supports working families. Planning work is underway across government. Details of the timeline of the review will be shared in due course.
Asked by: Lisa Smart (Liberal Democrat - Hazel Grove)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what progress has been made on the upcoming parental leave review; and if he will make a statement.
Answered by Justin Madders
The government has committed to review the parental leave system to ensure it best supports working families. Planning work is underway across government. Details of the timeline of the review will be shared in due course.
Asked by: Lisa Smart (Liberal Democrat - Hazel Grove)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what his planned timetable for when the review of the parental leave system will report.
Answered by Justin Madders
The government has committed to review the parental leave system to ensure it best supports working families. Planning work is underway across government. Details of the timeline of the review will be shared in due course.
Asked by: Lisa Smart (Liberal Democrat - Hazel Grove)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether he plans to bring forward legislative proposals to introduce stricter limits on the number of businesses that an individual can (a) incorporate and (b) manage after multiple company liquidations within a defined period.
Answered by Justin Madders
Company and insolvency law already provides relevant authorities with the ability to investigate the conduct of directors of liquidated companies and to act upon misconduct. Imposing prescriptive prohibitions risks penalising the innocent and we have no plans to introduce such measures. However, following the passage of the Economic Crime and Corporate Transparency Act 2023 we are taking additional steps to strengthen investigation and enforcement capabilities in this area and Companies House has been using new powers under the Act to assess company incorporations more stringently. Later this year we will introduce compulsory identity verification for directors, further improving transparency.
Asked by: Lisa Smart (Liberal Democrat - Hazel Grove)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to improve regulatory oversight of company directors with a history of multiple liquidations.
Answered by Justin Madders
Company and insolvency law already provides relevant authorities with the ability to investigate the conduct of directors of liquidated companies and to act upon misconduct. Imposing prescriptive prohibitions risks penalising the innocent and we have no plans to introduce such measures. However, following the passage of the Economic Crime and Corporate Transparency Act 2023 we are taking additional steps to strengthen investigation and enforcement capabilities in this area and Companies House has been using new powers under the Act to assess company incorporations more stringently. Later this year we will introduce compulsory identity verification for directors, further improving transparency.