Insolvency

(asked on 7th October 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the evidential basis was for not extending the wrongful trading measures in the Corporate Governance and Insolvency Act 2020.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 12th October 2020

The Government engaged with a number of stakeholders in considering the extension of all the temporary provisions in the Corporate Insolvency and Governance Act 2020. The further extension of measures to protect businesses from insolvency and the additional financial support introduced by Government will continue to protect jobs and help businesses through the months ahead.

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