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NEWS
The Insolvency Service has published its 2025–26 Annual Report and Accounts, stating that it returned £42.7 million to creditors and the wider economy while increasing enforcement activity and supporting individuals and businesses experiencing financial difficulty. The agency handled 11,668 insolvency cases, processed 70,633 redundancy payments, approved 48,344 Debt Relief Orders and granted 80,542 Breathing Space protections. Enforcement activity included the disqualification of 1,153 directors for misconduct, 185 live company investigations and 163 criminal prosecutions, alongside increased action against economic crime, money laundering and abusive phoenix companies through enhanced powers and closer collaboration with Companies House. The report also highlights continued investment in modernising services, including a new digital Debt Relief Order service, artificial intelligence, automation and a new case management system, and notes a £25 million government investment to strengthen action against abusive phoenixism and director misconduct.
NEWS
The Insolvency Service has updated its enforcement outcomes management information tables with data for April 2024. The data shows that there were 93 director disqualifications and 12 bankruptcy and debt relief restrictions following enforcement action by the Insolvency Service.
NEWS
The Insolvency Service has updated its enforcement outcomes management information for April 2025. The data shows that there were 94 director disqualifications and 10 bankruptcy and debt relief restrictions.
NEWS
The Insolvency Service has updated its enforcement outcomes management information for April 2026. The data shows that there were 102 director disqualifications and 4 bankruptcy and debt relief restrictions.
NEWS
The Insolvency Service has updated its enforcement outcomes management information tables with data for August 2024. The data shows that there were 65 director disqualification and 11 bankruptcy and debt relief restrictions achieved by the Insolvency Service.
NEWS
The Insolvency Service has updated its enforcement outcomes management information for August 2025. The data shows that there were 78 director disqualifications and seven bankruptcy and debt relief restrictions.
NEWS
The Insolvency Service has updated its enforcement outcomes management information for August 2026. The data shows that there were 69 director disqualifications and eight bankruptcy and debt relief restrictions.
NEWS
The Insolvency Service has published a data report showing that 114,752 bounce back loan (BBL) facilities were held by dissolved or liquidated companies as of 31 March 2025. Of these facilities, 73,977 have defaulted, while 38,454 were fully repaid. The data (covering England, Wales and Scotland) illustrates that 51,413 facilities were held by dissolved companies, 4,684 by companies in compulsory liquidation, and 58,655 by companies in creditors' voluntary liquidation. The data report reveals additional complexities in the BBL scheme's performance, with 542 facilities still marked as 'repaying' and 1,779 having had their guarantees removed. The British Business Bank (BBB) notes that facilities marked as 'repaying' likely represent recent dissolutions or data reporting issues—as dissolved companies would typically cease making payments. Cases where guarantees were removed often indicate either data entry errors or situations where lenders voluntarily withdrew from guarantee coverage.
NEWS
The Insolvency Service has published the Corporate Insolvency and Governance Act 2020 (CIGA 2020) interim report which summarises the reasons for the introduction of CIGA 2020, and considers the results of 'Stage One' which considered the data arising from a series of semi-structured interviews of various stakeholders. The Insolvency Service noted that 'Stage Two' will continue with some further interviews and involve an online survey of the insolvency practitioner profession. CIGA 2020 was introduced during the 2020 'lockdown' of the coronavirus (COVID-19) pandemic and contained two new and permanent, business rescue procedures forming the biggest change to corporate insolvency framework in nearly twenty years.
NEWS
The Insolvency Service has updated its enforcement outcomes management information tables with data for December 2023. The data shows that there were 83 director disqualifications and six bankruptcy and debt relief order restrictions imposed in December 2023 following enforcement action by the Insolvency Service.
NEWS
The Insolvency Service has updated its enforcement outcomes management for December 2024. The data shows that there were 69 director disqualifications and five bankruptcy and debt relief restrictions.
NEWS
The Insolvency Service has updated its enforcement outcomes management information tables for December 2025. The data shows that there were 80 director disqualifications and no bankruptcy and debt relief restrictions.