MPs on the influential Trade and Industry committee are to examine draft clauses in the government proposals, including provisions for a moratorium on creditors' actions to give a breathing space for voluntary arrangements to be agreed.The hearing on 10 November will include evidence from the Department of Trade and Industry and several of the expert bodies in this area.'But the committee has already stated in its report on small businessand enterprise: 'We counsel caution in tinkering with insolvency law inan attempt to chance the prevailing cultural attitudes, and in producingproposals for change grounded more on perceptions than on analysis ofreal events.'The report said: 'We discussed the US procedure under Chapter 11 of theUS law, which gives companies protection from creditors under courtsupervision. Most such firms still go bankrupt, particularly SMEs, although there have been remarkable rescue operations.'
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing
Hubble Space Telescope finds superflares from young red dwarfs could strip away planetary atmosphere
Younger stars are 100 to 1,000 times more energetic than when they're older
Two of the big four supermarkets will use the system to control sales of restricted products
PUBG news and updates: November's Update #23 to bring new Skorpion pistol and changes to blue zone visibility
Genuinely useful side-arm coming to PUBG in Update #23