Insolvency Service photograph

Insolvency Service

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Headquarters locationLondon, United Kingdom
Jurisdiction United Kingdom
Number of employees1,700
Agency executive Sarah Albon
Parent departmentDepartment for Business, Energy and Industrial Strategy
Type of businessExecutive agency
Date of Reg.
Date of Upd.
ID2480105
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About Insolvency Service


The Insolvency Service is an executive agency of the Department for Business, Energy and Industrial Strategy with headquarters in London. It has around 1,700 staff, operating from 22 locations across Great Britain.

'I feel manipulated': The 'debt help' ads targeting struggling mums​​

'I feel manipulated': The 'debt help' ads targeting struggling mums​​
Jul 24,2023 12:31 pm

... The government agency the Insolvency Service acknowledged there are concerns about the use of IVAs, but said when used appropriately they are an " effective way for someone who is in financial difficulty to… pay their creditors"...

The chef, the model and Rishi's missing millions

The chef, the model and Rishi's missing millions
Mar 10,2023 12:30 pm

... We wholly support the Insolvency Service in penalising those who sought to defraud the scheme for their own financial gain...

P& O: Government cancels contract over mass sackings

P& O: Government cancels contract over mass sackings
May 31,2022 7:00 am

... The Insolvency Service has into the circumstances around the redundancies...

P& O Ferries boss 'incredibly sorry' for impact of sackings

P& O Ferries boss 'incredibly sorry' for impact of sackings
May 26,2022 7:25 pm

... When pushed on how he justified ignoring the legal requirement to consult staff in advance of redundancy, and on the details of how and when the decision was made on how staff were to be sacked, the P& O Ferries boss declined to comment due to an ongoing investigation by the Insolvency Service...

Boris Becker jailed: Tennis champion sentenced over bankruptcy

Boris Becker jailed: Tennis champion sentenced over bankruptcy
Apr 29,2022 8:10 pm

... The prosecution against Becker was brought by the Insolvency Service on behalf of the Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng...

RMT Union warns P& O Ferries of summer of disruption

RMT Union warns P& O Ferries of summer of disruption
Apr 11,2022 4:15 am

... A spokesman for the UK Department for Business, Energy and Industrial Strategy said: " The Insolvency Service has confirmed it has commenced formal criminal and civil investigations into the circumstances surrounding the recent appalling behaviour of P& O Ferries, following the Business Secretary asking they undertake a thorough review...

P& O Ferries faces criminal probe over sackings

P& O Ferries faces criminal probe over sackings
Apr 1,2022 4:50 pm

... The Insolvency Service has launched criminal and civil investigations into the circumstances around the redundancies...

P& O Ferries: UK plans to block ferries that don't pay minimum wage

P& O Ferries: UK plans to block ferries that don't pay minimum wage
Mar 30,2022 5:10 pm

... He also said he will ask the Insolvency Service to consider disqualifying the boss of P& O as a company director...

P& O Ferries: UK plans to block ferries that don't pay minimum wage

Mar 27,2022 2:57 pm

The UK will give ports new powers to block ferries from docking if they do not pay their crew the UK minimum wage.

Transport Secretary Grant Shapps set out the plans following the no-notice sackings of 800 P& O Ferries staff earlier this month.

" This will send a clear message to the maritime industry: we will not allow this to happen again, " He Said .

He also said he will ask the Insolvency Service to consider disqualifying The Boss of P& O as a company director.

Peter Hebblethwaite has So Far refused to resign over The Scandal , but Mr Shapps said he had written to the regulator conveying his " firm belief" that he is " unfit to lead a British company".

P& O Ferries provoked outrage from unions and The Public when it sacked hundreds of seafarers without any notice, replacing them with agency workers paid less than the minimum wage.

Mr Hebblethwaite then admitted The Firm had knowingly broken The Law by not consulting with unions and planned to compensate workers instead.



Source of news: bbc.com

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