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Department for Business / 1 posts found

Proposals for consumer protections when companies collapse

by mike tombs
in news
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The government is to consider new laws to protect consumers who have prepaid for products when a business becomes insolvent.   Government to consider new laws to protect consumers who have prepaid for products when a business becomes insolvent proposed measures will include guaranteeing consumer schemes like Christmas savings clubs can safeguard customers’ money reforms are part of the government’s modern Industrial Strategy to ensure markets work in the interests of consumers   New laws to protect consumers who have already paid for products but not received them when businesses go bust will be considered by the government, it was [...]