Question to the Department for Business and Trade:

To ask His Majesty's Government whether maintaining trust in audit remains a priority for them; and, following Carillion and Patisserie Valerie’s collapse, what assessment they have made of the extent to which reducing the risk of corporate failure is a national priority.

The Prime Minister set out his five priorities earlier this year. The Department's work to increase trust in the UK's audit, corporate reporting and corporate governance system contributes to the second priority, growing the British economy, in part by helping to manage risks that could lead to disorderly corporate failures.