questionText: To ask the Secretary of State for Business and Trade, whether he plans to bring forward legislative proposals to strengthen protections for small businesses against “phoenixing” as part of the Government’s late payment reforms in West Dorset constituency.
answerText: This Government will legislate to end the scourge of late payments which costs the UK economy £11bn per year and closes down 38 UK businesses every day. We published a consultation on our proposed legislative measures on 31st July which is live until 23rd...
heading: Insolvency: West Dorset