Business Failures


Charles Walker questions the Trade and Industry Secretary about what measures he is taking to reduce the number of business failures that occur as a result of a major physical disaster.

Mr. Walker: To ask the Secretary of State for Trade and Industry what measures he is taking to reduce the number of business failures that occur as a result of a major physical disaster; and if he will make a statement. [87903]

Margaret Hodge: All employers should recognise the risk of business failure resulting from a major physical disaster and a wide range of other potentially disruptive incidents such as terrorist activity, pandemic flu and industrial action. The Government are, therefore, working closely with the business community to encourage and support robust, flexible business continuity planning.

In addition to sector-specific forums on business continuity in areas such as the financial and energy sectors, the Government have set up a new Business Advisory Group on Civil Protection through which effective dialogue between business and government on civil protection issues will be pursued, and through which the Government are seeking to provide guidance and support to the business community to assist them in implementing business continuity management. The group is attended by a wide range of business representative organisations.

In addition, the Government have published extensive guidance for businesses to assist them with business continuity planning. The Preparing for Emergencies website (| Hansard"