Insolvency Service
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Jul- 2021 -21 JulyCompanies
The Insolvency Service and FCA to address debt packager firm concerns
The Insolvency Service has joined forces with the Financial Conduct Agency (FCA) following concerns in the conduct of some debt…
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21 JulyAdministrations
Company insolvencies rise 63% in June
Company insolvencies across England and Wales jumped 63% year-on-year to 1,207 during June 2021. While the figure represents an 18%…
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14 JulyCompanies
Insolvency Service extends former serviceman’s bankruptcy restrictions
The Insolvency Service has revealed that Levi Freeman, a former RAF serviceman who took more than £41,000 from his friends…
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7 JulyCrime
Director banned after trying to reclaim £3.3m in VAT
The director of metals and electrical goods store, David Smalley, has been disqualified for four years after he failed to…
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Jun- 2021 -22 JuneBusiness
The Insolvency Service cracks down on false Covid-19 support claims
The Insolvency Service has clamped down on businesses falsely claiming Covid-19 business support. In one of many examples, Raashid Khan,…
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10 JuneCrime
11-year ban for payroll boss in tax avoidance scheme
A Leicester payroll services boss has been banned for orchestrating a “multi-million pound tax avoidance scheme”, while failing to justify…
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9 JuneCrime
Number of director disqualifications falls 24%
The number of company directors that have been disqualified by the Insolvency Service fell by 24% in the last year,…
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May- 2021 -26 MayAdministrations
Company insolvencies decline 23% in April
The number of registered company insolvencies across England and Wales April 2021 fell by 23% year-on-year to 925. The figure…
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21 MayCrime
Lettings company director banned for ‘emptying company bank account’
A Harlow director has been disqualified for seven years after he cleared the bank account of a letting company following…
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14 MayRegulation
Insolvency Service given new powers to tackle ‘unfit’ directors
The Insolvency Service will be given new powers to investigate directors of companies that have been dissolved, in a bid…
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