Business: Insolvency

Summary

To ask the Secretary of State for Business and Trade, what guidance his Department has issued on ensuring that consumers receive compensation when (a) a business enters liquidation and (b) there is evidence to suggest that business has knowingly defrauded

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Timeline

1. 18 March 2025

   Written question

   To ask the Secretary of State for Business and Trade, what guidance his Department has issued on ensuring that consumers receive compensation when (a) a business enters liquidation and (b) there is evidence to suggest that business has knowingly defrauded

   Source: Commons

2. 24 March 2025

   Answer

   If a business enters formal insolvency, consumers can refer to the guidance on the UK government's website (Gov.UK) for information on recovering their money for undelivered goods or services. The guidance advises consumers to contact their card provider ...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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