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Woolworths

Volume 486: debated on Thursday 15 January 2009

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform what options his Department has to assist Woolworths in the current economic climate; and if he will make a statement. (244340)

The company is in administration and the administrators are in charge. We have been closely following the administrators’ efforts to find purchasers for Woolworths’ stores and its wholesale business though neither Woolworths’ management nor its administrators have requested any Government assistance.

The Insolvency Service is doing all it can to get payments to those employees made redundant as soon as possible.