Written Question·Department for Business and Trade·UIN 39417

Public Interest

Tabled: 19 March 2025
Answered: 24 March 2025
Named Day

Question

Mary Glindon

LabourNewcastle upon Tyne East and Wallsend

To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential merits of widening the definition of a public interest entity in the context of (a) BHS, (b) Bulb and (c) ISG.

Answer

Justin Madders
The Government’s plans to widen the definition of a Public Interest Entity were announced in the King’s Speech as part of the announcement on the draft Audit Reform and Corporate Governance Bill.