Companies: Coronavirus

Treasury written question – answered on 17th July 2020.

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Photo of Andrew Slaughter Andrew Slaughter Labour, Hammersmith

To ask the Chancellor of the Exchequer, how the Government plans to monitor companies’ compliance with any conditions that are attached to bailout loans and to hold those companies accountable if those conditions are breached.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary

As part of its normal operations the government has always considered providing support to strategically important companies. As with any agreement commercial and policy conditions can be attached, these are monitored using a variety of appropriate mechanisms.

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