Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps he is taking to reduce the time taken by his Department to prevent company directors from voluntarily striking off non‑trading companies due to unresolved Bounce Back Loan cases; and what coordination exists with Companies House to ensure that businesses are able to be formally closed and do not incur additional administrative fees.

The Department for Business and Trade, Companies House, and the Cabinet Office have a clear and joined up approach to raising and withdrawing objections to voluntary dissolution. To ensure businesses are able to close without incurring additional administrative fees, Companies House acts quickly to remove objections when it is advised to do so through regular updates and specific requests.