Department for Business, Energy and Industrial Strategy written question – answered on 26th March 2020.
Martyn Day
Shadow SNP Spokesperson (Public Health and Primary Care)
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will suspend wrongful trading laws during the covid-19 outbreak.
Paul Scully
Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)
The Government recognises the difficulties faced by directors in making decisions about the future viability of their companies in these times of extreme uncertainty, and that the wrongful trading provisions impact on those decisions. The Government is urgently considering a range of measures which aim to help businesses wherever possible where the Covid-19 outbreak is the cause of their financial difficulties.
Yes1 person thinks so
No1 person thinks not
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