Retail Businesses: Financial Support Debate
Full Debate: Read Full DebateLord Stevenson of Balmacara
Main Page: Lord Stevenson of Balmacara (Labour - Life peer)Department Debates - View all Lord Stevenson of Balmacara's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 11 months ago)
Lords ChamberThe noble Lord will be aware that, by 16 August, the Future Fund to help businesses had supported 590 investments with a total of £588 million.
My Lords, a number of measures aimed at preventing company insolvencies, included in the recent Corporate Insolvency and Governance Act, expire at the end of this month. What plans do the Government have to extend those provisions? Can the Minister set out the new timetable?
The noble Lord makes a good point. We are urgently considering the need to extend these measures and will announce a decision shortly.