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The Latest Breaking News from The Insolvency Service

Refunds due to some people who have previously been dealing with problem debts

Some people paid a debt relief order fee but did not submit an application, with some payments going as far back as a decade ago.

Evening Standard · Sep 28

Real-life ‘Water Mitty’ who posed as doctor and lord in £200k fraud scam jailed

The fraudster claimed to have traded as everything from travel agencies to estate agents and hairdressers

The Independent UK · Sep 25

Tommy Robinson’s ex-wife pleads guilty to failing to comply with accounting rules

Jenna Lennon divorced Tommy Robinson in February 2021

The Independent UK · Sep 24

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London hotelier fraudulently obtained £450,000 in Covid 'bounce back' loans

Richard Courtenay’s nine loan applications in May and June 2020 involved fraudulent declarations about the turnover of five companies and applying for multiple loans when businesses were only allowed one

Evening Standard · Sep 7

'Scam' Scotch whisky company forced to close by High Court order

A “SCAM” Scotch whisky business has been shut down by the UK Government ...

The National (Scotland) · Aug 27

'Ponzi-Style' Crypto Scheme Promised Up to 100% Returns With '0 Fees, 0 Risks': Investors Lost £300K

Key Coin Assets misled investors with promises of high returns and no risks, leading to its shutdown by the UK Insolvency Service. The warning signs of crypto scams and how to protect your investments.

International Business Times UK · Aug 20

Indian-origin woman jailed in UK for more than 2 years over Rs 2.8 crore Covid loan fraud

An Indian-origin woman has been jailed for more than two years after fraudulently securing over £216,000 in government-backed COVID-19 loans by exaggerating the turnover of her companies and using much of the money for personal expenses and investments.

The Times of India · Jul 18

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Scottish firm goes into liquidation owing £175k after being caught smuggling tobacco

A SCOTTISH businessman has been banned from directing companies after attempting to smuggle tobacco hidden in furniture into the UK ...

The National (Scotland) · Jul 3

Personal insolvencies jumped by 10% annually in May in England and Wales

Some 11,223 personal insolvencies were registered in May, the Insolvency Service said.

Evening Standard · Jun 19

Financier Lex Greensill banned from running UK companies for nine years

Founder of Greensill Capital says there was no finding he acted dishonestly after his company collapsed owing £1.6bn

The Guardian - UK · Jun 4

Lex Greensill banned from directing UK companies after lending firm collapse

The Australian businessman made an unsuccessful attempt to have the disqualification proceedings thrown out

The Independent UK · Jun 4

Lex Greensill banned from directing companies in UK for nine years

The Australian businessman had previously sought to challenge the Government’s bid to ban him.

Evening Standard · Jun 4

More companies go bust in March as fears mount over Iran war impact

The Insolvency Service said the number of company insolvencies rose 7% month-on-month in March to 2,022.

Evening Standard · Apr 17

Personal insolvencies jump as debt relief order registrations reach record high

At 4,523, the number of debt relief orders in March in England and Wales was a record high going back to their introduction in 2009.

Evening Standard · Apr 17

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The Times of India · Apr 6

Indian couple jailed in UK for running companies for over 5 years despite legal ban; involved in £2 million tax fraud

An Indian‑origin couple was sentenced in the United Kingdom after they continued to run companies for more than five years despite being legally barred from doing so.

Evening Standard · Mar 17

Company failures rise amid fears Iran war will push collapses higher

Official figures showed company insolvencies rose 7% higher month-on-month in February.

Evening Standard · Mar 17

Record high number of people turned to debt relief orders in February

The Insolvency Service figures for England and Wales showed 4,210 debt relief orders were recorded in February.

Evening Standard · Feb 18

Fraudster who wanted to become Mayor of London spared jail for £105,000 Aparthotels scam

Ghanshyam Sarup Batra, 63, left virtually nothing for creditors demanding £6.5 million, the Insolvency Service said

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Evening Standard · Feb 17

Administrations rise by 41% amid surge in new year high street failures

The Insolvency Service said the number of company administrations jumped to 151 between December and January.

Evening Standard · Jan 20

Number of people becoming financially insolvent reached 15-year high in 2025

Personal insolvencies across England and Wales were at the highest point since 2010 last year, the Insolvency Service said.

Evening Standard · Nov 18, 2025

Experts warn more firms could call time after October insolvencies spike

There were 2,029 company insolvencies in England and Wales in October, according to official data from the Insolvency Service.

The Guardian - UK · Nov 6, 2025

Badenoch accused of ‘interfering’ in lobbying scandal linked to Cameron

Lex Greensill alleges current Tory leader used business secretary position to protect former PM from scrutiny

Evening Standard · Oct 17, 2025

Personal insolvencies jumped by 7% annually in September

Debt relief order numbers were 5% lower than a record high seen in August, but remain at historically high levels, the Insolvency Service said.

Evening Standard · Oct 9, 2025

Union raises concerns about efforts to preserve jobs at oil refinery

The Insolvency Service said every facet of the sales process for the Lindsey site was being carried out ‘fairly and appropriately’.

The Guardian - UK · Sep 30, 2025

Almost a third of Prax Lindsey oil refinery workers to lose jobs

Insolvency Service says 125 roles to go at Lincolnshire plant, which went into administration in summer

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