Johnston Press: Administration

Part of the debate – in the House of Commons at 3:41 pm on 19th November 2018.

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Photo of Mike Penning Mike Penning Conservative, Hemel Hempstead 3:41 pm, 19th November 2018

The Hemel Gazette in my constituency is a Johnston Press paper. Although no people in my constituency work on it, my thoughts are with those who are concerned about their future and their pensions. May I ask about a group of people we have not heard about, the small suppliers and the small creditors? They will have heard about everything going on this weekend, with the big creditors taking over the same management team. That must be of real concern to the small creditor—whether that is legal. They stand to lose thousands and thousands of pounds and may well go under because the big companies will get all the money, while it will operate in exactly the same way as before but under a slightly different name.