The Latest Breaking News from The Insolvency Service

125 jobs to be axed at Lindsey oil refinery after administration

Unions have said the job cut plans come despite ‘at least two bids’ to buy and operate the facility as a going concern.

Evening Standard · Sep 30, 2025

Former Highlands hotel boss barred from company director roles over tax debt

A FORMER Isle of Skye hotel boss has been banned from being a company director after failing to pay thousands in tax debt

The National (Scotland) · Sep 24, 2025

Former Institute of Directors boss disqualified as a company director

The Insolvency Service said the move followed Covid loan abuse.

Evening Standard · Sep 18, 2025

Personal insolvencies jumped by 8% month on month in April in England and Wales

Among businesses, compulsory liquidations reached the highest levels since September 2014, the Insolvency Service said.

Evening Standard · May 20, 2025

Number of people struggling with debts rising as ‘breathing space’ requests up

Around 8,033 breathing space registrations were recorded in March 2025, up is 4 per cent from the same time last year

The Independent UK · Apr 25, 2025

Number of people needing ‘breathing space’ from debts jumped annually in March

Some 8,033 breathing space registrations were recorded by the Insolvency Service in March 2025, which is 4% higher than in March 2024.

Evening Standard · Apr 25, 2025

Scottish sawmill heading for liquidation

It's the fourth company to go to the wall since January that has had the same registered address in Dunfermline and Taylor as sole director.

The National (Scotland) · Apr 3, 2025

Rogue trader left ‘gaping hole’ in woman’s house after taking £10k deposit

Builder Gary Roberts was banned as a company director for 10 years for his misconduct

The Independent UK · Apr 3, 2025

Women more likely to become financially insolvent than men

Female insolvency rates have been higher than those for men every year since 2014 in England and Wales.

Evening Standard · Mar 25, 2025

4% monthly rise in personal insolvencies in February in England and Wales

Debt relief orders have been taken out at record-high monthly levels since a £90 fee was scrapped in April 2024, the Insolvency Service said.

Evening Standard · Mar 18, 2025