Written Question·Department for Business and Trade·UIN 78996
Insolvency
Tabled: 10 October 2025
Answered: 20 October 2025
Question
Nick Timothy
Conservative — West Suffolk
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the use of bankruptcy law by companies to avoid repaying contractual repayments.
Answer
Blair McDougallMy Department has not made this assessment. Statistics on the volumes of corporate insolvencies are published and can be found at Company insolvency statistics releases - GOV.UK.