Companies: Insolvency

(asked on 12th March 2025) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps his Department is taking to help reduce the number of corporate insolvencies.


Answered by
Gareth Thomas Portrait
Gareth Thomas
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 20th March 2025

The Government aims to boost all businesses, across key policy areas to build business capabilities, and a strong business environment. The Government works closely with the British Business Bank to enhance small business's access to finance through targeted interventions. Under the umbrella of the Export Academy, UK Export Finance and the newly announced Business Growth Service, businesses can access support, information, training, events, and expert support from business and International Trade advisors to overcome trading and export barriers.

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