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

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to his Department's consultation paper A review of the corporate insolvency framework, published in May 2016, which proposals have been identified as priorities for implementation.

Following the publication of the summary of responses to the consultation in September 2016, the Government has continued to engage with a very wide range of interested parties to further discuss and explore issues raised in responses to the consultation. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.