questionText: To ask the Secretary of State for Business and Trade, how many company directors have been disqualified following Insolvency Service investigations involving (a) phoenix trading or (b) similar conduct after insolvency in each of the last three years.
answerText: Until April 2025, The Insolvency Service only recorded data for phoenix trading where directors were specifically disqualified for that allegation. This was infrequent, as phoenixism is defined very precisely and requires a high burden of proof. In the 3 ...
heading: Insolvency