Part of Work and Pensions – in the House of Commons at on 13 May 2024.
More than 39,000 south-west companies are classed as being in significant economic distress, according to Begbies Traynor’s “Red Flag Alert” report. The loss of those businesses would deepen regional economic inequality and increase regional unemployment. What steps is the Minister taking with Cabinet colleagues to ensure that those businesses, which provide vital jobs, find a way out of significant economic distress?