Answer from Hansard

The Parliamentary Secretary, Cabinet Office (Georgia Gould)

The Government take very seriously our role to ensure the resilience of Government suppliers. The Cabinet Office takes an active role in monitoring the Government’s strategic suppliers and putting in place contingency plans where there is risk of distress. More broadly, the Cabinet Office works alongside other Departments, from the Department for Business and Trade and the Insolvency Service to the Treasury. We are supported by UK Government Investments, which is the Government’s centre of excellence in corporate finance, with experience of corporate finance, restructuring and insolvency in the private sector. Any taxpayer support must be used wisely, balancing the need to ensure value for money and support jobs and the economy.