Bankruptcy

(asked on 17th June 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what support his Department has provided to companies facing bankruptcy in each of the last three years.


Answered by
 Portrait
Jenny Willott
This question was answered on 24th June 2014

The Department has a suite of business support packages available to companies whether or not they are facing an insolvency event.

In exceptional circumstances the Department can work with companies in difficulty to help find solutions to their needs. Any such support is commercially sensitive and is normally a matter between the Department and the company.

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