Companies: Insolvency
Commons · Question 72665 · Tabled 29 Aug 2025 · Department for Business and Trade · Official record
Answered 3 Sep 2025
Question
Asked by Steve Yemm
To ask the Secretary of State for Business and Trade, what steps he is taking to prevent phoenixing.
Answer
Answered by Justin Madders, 3 Sep 2025
The Insolvency Service is tackling abusive phoenixism, working in close partnership with HMRC and Companies House to combat these wrongful activities. A coordinated action plan has been agreed, and an implementation plan is underway. Key measures include,...