United Kingdom · Question · Written question
UIN 9068
Insolvency
Introduced
25 May 2022
Last action
6 June 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
6 June 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce new regulatory regimes to provide statutory protections for consumers aimed at strengthening protections for policy holders with companies in administration.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
25 May 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce new regulatory regimes to provide statutory protections for consumers aimed at strengthening protections for policy holders with companies in administration.
Source: Commons
6 June 2022
Answer
The insolvency regime strikes a balance when distributing funds from insolvent estates to ensure that all creditors in an insolvency are treated fairly. Changing that balance, by giving a higher priority to certain customers, will have a detrimental impac...
Source: Written answer
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- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-05-25/9068
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1465897
- uk · wq-1465897 · source updated 6 June 2022