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Companies (Cash Flow Difficulties)

Volume 893: debated on Monday 9 June 1975

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21.

asked the Secretary of State for Industry if he will establish an early warning system by which he may be informed of companies' probable cash-flow difficulties at least nine months before redundancies are to become imminent.

The Government's plans to introduce planning agreements and to require certain periods of notice of redundancies under the Employment Protection Bill go as far as is practicable.