Contributions
992 recent contributions in Hansard
HANSARD Corporate Insolvency and Governance BillMy hon. Friend makes an important point. We would all like to get back to those face-to-face discussions, just as we are doing in the House today. These are temporary measures,…03 Jun 2020HANSARD Corporate Insolvency and Governance BillColleagues in the banking sector will I am sure be watching this debate and listening in, and they will have heard what my hon. Friend has said. I would be happy to have a…03 Jun 2020HANSARD Corporate Insolvency and Governance BillIt is intended to apply to all suppliers—I am sure I will be corrected if I am wrong on that. As my hon. Friend has also been keen to point out, although this measure is not…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend raises an incredibly important point. I championed this issue—support for small businesses—when I was on the Back Benches. As he will know, the Government’s payment…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend raises a really important point about protecting small suppliers. They will of course have this exemption. According to the definition in the Companies Act 2006, a…03 Jun 2020HANSARD Corporate Insolvency and Governance BillOf course, that is part of the measures that we will bring in. I recognise why my hon. Friend wants to ensure that tenants have protection, and that is why we will introduce the…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend is of course right. By the way, I am delighted that he is back in the House, after a short absence. He brings a huge amount of experience in this area, as a result…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend makes an incredibly important point. I am sure that the Under-Secretary of State for Business, Energy and Industrial Strategy, my hon. Friend the Member for Sutton…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend the Under-Secretary of State will elaborate on some of the points that my hon. Friend raised. I would simply say that in July 2019, the Government issued a call for…03 Jun 2020HANSARD Corporate Insolvency and Governance BillWhen we first launched CBILS there were a lot of concerns about how quickly the process was moving. I have been talking to banks individually and to senior managers in the banks,…03 Jun 2020HANSARD Corporate Insolvency and Governance BillThere are, of course, other methods for shareholders to question directors of a company. There will be shareholders’ days, for example. The reality is that businesses will be…03 Jun 2020HANSARD Corporate Insolvency and Governance BillOnce the filing requirements are enacted, as my hon. Friend says, companies can make filings up to the extension dates. As was mentioned earlier, if there is a need to extend…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend makes an incredibly important point. This is not about mandating; this is about giving choice. I expect that many companies will take up the temporary support that…03 Jun 2020HANSARD Corporate Insolvency and Governance BillAgain, the manner in which the debate has begun demonstrates the consensus on supporting businesses, not just in our individual constituencies but across the country. I can give…03 Jun 2020HANSARD Corporate Insolvency and Governance BillMy hon. Friend is already making a huge impact in supporting businesses in his constituency, and he is absolutely right. The whole point of these measures, both permanent and…03 Jun 2020HANSARD Corporate Insolvency and Governance BillAs ever, the hon. Gentleman raises an incredibly important point. I will talk further about this, but that is precisely why we have ensured an opportunity to extend the temporary…03 Jun 2020HANSARD Corporate Insolvency and Governance BillI beg to move, That the Bill be now read a Second time. On 23 March, the Government requested many businesses to close their doors to safeguard the nation’s health. We absolutely…03 Jun 2020HANSARDCoronavirus Loan SchemesI am tabling this statement for the benefit of hon. and right hon. Members to bring to their attention the changes we have made to the Coronavirus Business Interruption Loan…13 May 2020HANSARD Covid-19: BusinessI thank my hon. Friend for everything she is doing to support businesses in her own constituency of Hyndburn and Haslingden. I have already set out a whole range of measures of…12 May 2020HANSARD Covid-19: BusinessWe have put in place the sort of measures that we have precisely because we want to support as many businesses as possible. We want people to be ready, and to be retained in the…12 May 2020