Insolvency

(asked on 19th January 2017) - 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 discussions he has had with relevant stakeholders on the potential effect on the UK's insolvency and restructuring regime of the UK leaving the EU.


Answered by
Margot James Portrait
Margot James
This question was answered on 24th January 2017

Over the past few months the Government has engaged with businesses and key stakeholders up and down the country including those with interests in the UK’s insolvency and restructuring regime, and will continue to do so going forward. We are listening to their concerns and aiming to limit uncertainty in the transition to ensure our new relationship with the EU works for business.

It is vital now, more than ever, that we have open and honest conversations about both the challenges that leaving the EU poses, but crucially also the opportunities that will become open to us.

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