Written Question·Department for Business and Trade·UIN 10726

Companies: Insolvency

Tabled: 23 October 2024
Answered: 30 October 2024

Question

Jim Shannon

Democratic Unionist Party — Strangford

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential for abuse of voluntary insolvencies.

Answer

Justin Madders
In recent years the Government has commissioned research covering both corporate and personal voluntary insolvency processes. In 2022 the company voluntary arrangement research report was published and on 17 October 2024 the research findings into Individ...
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