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Written Question
Insolvency: Government Assistance
Friday 31st January 2025

Asked by: Josh Babarinde (Liberal Democrat - Eastbourne)

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what (a) employment and (b) mental health support is available to entrepreneurs whose businesses go into liquidation.

Answered by Justin Madders - Parliamentary Under Secretary of State (Department for Business and Trade)

  • The Department for Work and Pensions' new jobs and careers service will bring together Jobcentre Plus with the National Careers Service in England. This will deliver a new, locally led system of work and health support for those who are economically inactive, including entrepreneurs whose businesses have gone into liquidation. The support includes face-to-face, phone, and a radically enhanced digital offer through a single 'front door' for those wishing to get back into work.

  • Entrepreneurs looking for support with common mental health conditions such as depression and anxiety can self-refer to NHS Talking Therapies Services or be referred by their GP. Anyone in England experiencing a mental health crisis can now speak to a trained NHS professional at any time through a new mental health option on NHS 111.

  • Information on where to find local NHS support is available to the public through the NHS every mind matters website https://www.nhs.uk/every-mind-matters/. There is also the Hub of Hope, which is the UK’s leading mental health support database. The Hub brings local, national, peer, community, charity, private and NHS mental health support and services together in one place, so that anyone struggling can find the most appropriate support. The Hub can be found at hubofhope.co.uk.