Insolvency
Commons · Question 80818 · Tabled 10 Oct 2025 · Department for Business and Trade · Official record
Answered 15 Oct 2025
Question
Asked by Edward Morello
To ask the Secretary of State for Business and Trade, whether his Department plans to introduce (a) additional regulatory and (b) enforcement measures to prevent directors of insolvent companies from engaging in phoenixing.
Answer
Answered by Blair McDougall, 15 Oct 2025
The Government is keenly aware of concerns around “phoenixing”, and officials at The Insolvency Service are currently conducting a comprehensive review of the civil enforcement regime to evaluate how best to tackle and prevent wrongdoing by directors of i...