Trade Credit Insurance Scheme

Part of Oral Answers to Questions — Business, Enterprise and Regulatory Reform – in the House of Commons at 10:30 am on 7 May 2009.

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Photo of David Drew David Drew Labour, Stroud 10:30, 7 May 2009

One of the problems is how few trade credit insurance firms there are. We all have examples of how difficult it is for a company that has lost its trade credit insurance to find another trade credit insurance firm to take it on. Given all the current problems, will the Minister give me an assurance that there will be an investigation into the structure of the industry to make sure that there is enough variety of providers and that businesses can get insurance so that they can trade properly?