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United Kingdom · Question · Written question

UIN 40488

Insolvency: Coronavirus

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 April 2020

Last action

5 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

5 May 2020

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure that insolvency measures do not inhibit otherwise viable businesses from trading during the covid-19 pandemic.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 April 2020

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure that insolvency measures do not inhibit otherwise viable businesses from trading during the covid-19 pandemic.

    Source: Commons

  2. 5 May 2020

    Answer

    The Government announced on 28th March, plans to amend insolvency law to give companies a breathing space to help keep trading whilst exploring options for rescue as a going concern. In addition, the Government announced a temporary suspension of wrongful...

    Source: Written answer

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