Business, Innovation and Skills Debate

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Michael Fallon

Main Page: Michael Fallon (Conservative - Sevenoaks)

Business, Innovation and Skills

Michael Fallon Excerpts
Tuesday 18th June 2013

(11 years, 5 months ago)

Ministerial Corrections
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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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In my constituency, a number of businesses in the high street have unfortunately closed. If they go into liquidation, their employees receive pay arrears, holiday pay and notice pay, if necessary from the national insurance fund. If the business just ceases trading and is eventually struck off, its employees do not get pay arrears, holiday pay or notice pay. Will the Minister meet me to discuss that anomaly in the law?

Michael Fallon Portrait Michael Fallon
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I would be happy to do so, but I hope my hon. Friend will not be too gloomy about the state of the high street. He will know that, in the most recent year for which we have figures, some 22,900 store-based retailers opened and 21,000 closed—more stores were set up than were closed.

[Official Report, 13 June 2013, Vol. 564, c. 479.]

Letter of correction from Michael Fallon:

An error has been identified in the oral answer given to the hon. Member for Wellingborough (Mr Bone) on 13 June 2013.

The correct answer should have been:

Michael Fallon Portrait Michael Fallon
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I would be happy to do so, but I hope my hon. Friend will not be too gloomy about the state of the retail sector. He will know that, in the most recent year for which we have figures, some 22,900 store based and non-store based retailers opened and 21,000 closed—more retailers were set up than were closed.