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Notification of Contingent Liabilities
26 October 2022
At a Glance
Issue Summary
The statement addresses the compulsory liquidation of UKCloud Ltd and Virtual Infrastructure Group Ltd, highlighting steps taken to safeguard public services.
Action Requested
The Government has appointed an Official Receiver from the Insolvency Service who is working to find suitable alternative solutions for affected customers. The Cabinet Office has incurred contingent liabilities to indemnify the Official Receiver against claims and costs, ensuring continuity of public services during this period.
Key Facts
- UKCloud Ltd and Virtual Infrastructure Group Ltd have been compulsorily liquidated.
- An Official Receiver from the Insolvency Service has taken control of service supply.
- Departments affected are implementing contingency plans to safeguard public services.
- Contracts may be repriced in return for continuation of services until alternatives are found.
- All employees will be contacted directly by the Official Receiver regarding their position, rights and entitlements.
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