The Insolvency Service has published its monthly insolvency statistics for November 2024 on company and individual insolvencies in England and Wales. The data shows that there were 1,966 company insolvencies, 13% higher than in October 2024 and 12% lower than in November 2023. For individuals, the total number of insolvencies in November 2024 was 10,012, 12% higher than October 2024 and 25% higher compared to November 2023.

The Insolvency Service has published its monthly insolvency statistics for August 2025 on company and individual insolvencies in England and Wales. The data illustrates that there were 2,048 company insolvencies, 2% lower than in July 2025 (2,083) and 6% higher than the same month in the previous year (1,933 in August 2024). For individuals, the total number of insolvencies in July 2025 was 11,348, 7% higher than in July 2025 and 16% higher than in August 2024.

The Insolvency Service has published its monthly insolvency statistics for June 2025 on company and individual insolvencies in England and Wales. The data illustrates that there were 2,043 company insolvencies, 8% lower than in May 2025 and 16% lower than the same month in the previous year. For individuals, the total number of insolvencies in June 2025 was 10,279, similar to the numbers in both May 2025 and June 2024.

The Insolvency Service has published a new guidance outlining the implementation of director disqualification sanctions under section 3A of the Sanctions and Anti-Money Laundering Act 2018. The guidance details how sanctions ban individuals from directing UK companies or foreign companies with UK connections, unless licensed. Enforcement responsibilities lie with the Insolvency Service, with breaches carrying penalties of up to two years imprisonment. The rules apply across all UK nations under the Company Directors Disqualification Act 1986 and equivalent Northern Ireland legislation.

The Insolvency Service has published a revised Individual Voluntary Arrangement (IVA) protocol—offering increased clarity and certainty for both consumers and creditors. The revised protocol comes into effect from 1 July 2025, introducing new consumer safeguards following research conducted in 2024, that found poor practices in 60% of sampled cases.

The Insolvency Service has published comprehensive research and analysis featuring statistical data on director disqualifications in Great Britain, under section 6 of the Company Directors Disqualification Act 1986 (CDDA 1986), for the financial years 2022–23 to 2024–25. This report provides detailed figures regarding disqualifications related to unfit conduct involving dissolved or insolvent companies, offering insightful breakdowns by both insolvency procedure and financial year.

The Insolvency Service has released its individual and corporate insolvency statistics for October to December 2023 (Q4) and annual statistics for 2023. The statistics show that individual insolvencies are 3% higher in Q4 2023 than Q3 2023, but Debt Relief Orders (DROs) reached their highest level since their inception in 2009. The statistics further show that company insolvencies are 9% higher in Q4 2023 than Q3 2023. Furthermore, the annual count of creditors' voluntary liquidations (CVLs) reached a record peak in 2023, the highest since the time series began in 1960.

The Insolvency Service has published its Sustainability Strategy 2025–30, introduced by Duncan Beach, Chief Executive Officer, setting out how the agency will reduce its environmental impact and strengthen workforce resilience across England, Scotland and Wales. Building on its 2022–25 strategy, the agency says it has already established sustainability governance, created a dedicated team, improved carbon data, introduced policies on sustainable travel, procurement and thermal comfort, and implemented a combined management system aligned with ISO 14001 and ISO 45001. The new strategy presents sustainability as a whole-agency responsibility and aligns it with the agency’s broader role in supporting people and businesses in financial distress, tackling misconduct and maximising returns to creditors, while also meeting the UN Sustainable Development Goals, the Greening Government Commitments, the UK’s net zero pathway and relevant legal and policy requirements.

The Insolvency Service has published its third 'Confidence in the Regime' report, which examines stakeholder perceptions of the insolvency and enforcement regimes as the organisation enters the final year of its 2021–26 five‑year strategy. The qualitative research incorporated views from insolvency practitioners, creditors, directors, academics, legal professionals and individuals in debt.

The Insolvency Service has published an updated Individual Voluntary Arrangement (IVA) protocol, effective from 1 April 2025, with the previous 2021 version to be discontinued after 30 June 2025. The revised framework introduces new requirements for vulnerability assessments, updates pension contribution terms, and provides detailed guidance on property equity release options. The protocol establishes standardised criteria for consumer IVAs, including requirements for regular sustainable income and minimum combined debts of £7,000. It mandates that insolvency practitioners verify income, expenditure and assets, while introducing specific provisions for dealing with consumer properties through three distinct options based on equity levels. The update follows research conducted in 2024 and includes new standardised documentation and reporting requirements for practitioners and creditors.

The Insolvency Service has published updated guidance on the effect of director disqualification orders and undertakings under the Company Directors Disqualification Act 1986 (CDDA 1986). The update clarifies wording regarding disqualification effects, building on the May 2024 changes which established that directors must resign from existing positions when disqualified while remaining legally responsible for actions taken. The guidance details restrictions on company management, geographical scope of prohibitions, and potential consequences of breaching disqualification orders.

The Insolvency Service has published updated guidance outlining rules for directors seeking to establish new companies following insolvency. The update details requirements for asset transfers, staff transitions under Transfer of Undertakings (Protection of Employment) Regulations (TUPE), and potential HMRC security deposits for tax compliance. The guidance specifies that while similar business activities are permitted, restrictions apply to reusing insolvent company names and assets must be properly transferred through liquidators or administrators.