We are thrilled that Insolvency Service board member Frances Coulson is to be inducted into IWIRC Hall of Fame for her work as an outstanding restructuring practitioner.
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More than 800 company directors disqualified for abusing Covid support schemes following investigations by the Insolvency Service: gov.uk/government/new…

The first changes to Debt Relief Orders announced in the Spring Budget come into force today.

We talk to Andrew Shore, Assistant Director of Policy at the Insolvency Service, about how the changes will work:
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An accountant who ran a business supporting ex-offenders has been banned as a director after abusing the Bounce Back Loan scheme

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Congratulations to our Senior Lawyer Ian Whittaker who has been named Prosecutor of the Year by the Attorney General for his work on a complex investigation of national and international importance

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A director who deliberately filed false accounts and defrauded suppliers out of hundreds of thousands of pounds has been jailed. gov.uk/government/new…

The owner of a Turkish restaurant who illegally secured a Covid Bounce Back Loan and then applied to dissolve his company without informing creditors has been jailed

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Five people have been sentenced for their involvement in a fraud and money laundering scheme which cost banks more than half a million pounds

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Struggling with serious debt problems? There are solutions that can help. Find out more about Breathing Space, Debt Relief Orders and bankruptcy

#DebtAwarenessWeek

StepChange

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A property developer who misled four individuals and deprived creditors of hundreds of thousands of pounds has had tough bankruptcy restrictions imposed on him

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Six individuals who abused the Bounce Back Loan Scheme have recently had tough bankruptcy restrictions imposed on them as part of efforts to tackle Covid loan misconduct

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Outcome of investigation into the directors of the collapsed Greensill group
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SHUT DOWN: Company that targeted vulnerable customers to sell them home maintenance plans they did not need

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We are pleased to see the announcement in today’s Budget that the £90 administration fee for Debt Relief Orders will be removed from April 6. This will make it easier for more people with problem debts to get a fresh start with their finances and access the support they need.

We’ve introduced the first set of changes under the Economic Crime and Corporate Transparency Act.

Companies House can now take steps to improve the accuracy of the register.

Watch the story so far ⬇️
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BANNED: Salisbury takeaway owner who used funds from a Covid Bounce Back Loan for personal gain and ignored company law has been banned as a director

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The director of two companies which operated an unauthorised care home investment scheme costing investors more than £57 million has been banned from being a company director for 14 years

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SHUT DOWN: Two finance companies wound up after £3million fraud against investors gov.uk/government/new…

The Body Shop International Ltd entered administration on 13 February 2024. If you are an employee, customer or supplier, The Insolvency Service has advice and information: gov.uk/government/new…

BANNED: The owner of a restaurant and takeaway has been banned as a company director for seven years after employing three illegal workers Home Office

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