Trade Credit Insurance Scheme

Part of Oral Answers to Questions — Business, Enterprise and Regulatory Reform – in the House of Commons am 10:30 am ar 7 Mai 2009.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of David Drew David Drew Llafur, Stroud 10:30, 7 Mai 2009

One of the problems is how few trade credit insurance firms there are. We all have examples of how difficult it is for a company that has lost its trade credit insurance to find another trade credit insurance firm to take it on. Given all the current problems, will the Minister give me an assurance that there will be an investigation into the structure of the industry to make sure that there is enough variety of providers and that businesses can get insurance so that they can trade properly?

Minister

Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.