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 business Executive 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 faces criminal probe over sackings

Mar 27,2022 2:57 pm

P& O Ferries faces a probe into the controversial no-notice sackings of nearly 800 members of staff.

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

In a letter, it said it would consider " prompt and appropriate action" if The Law was broken.

Grant Shapps has also asked The Service to consider disqualifying its boss from acting as a Company director.

The Transport secretary made The Announcement as part of new pay plans for the ferry industry This Week after P& O Ferries sacked 786 employees without notice and replaced with them with agency workers.

He urged ports to block ferries from docking if they do not pay their crew the UK minimum wage, with plans to create new laws.

Mr Shapps said The Move would force P& O Ferries to " fundamentally rethink" its decision.

Last week, P& O Ferries' boss Peter Hebblethwaite admitted that The Firm knowingly broke The Law by not consulting with unions and planning to compensate workers instead.

Ferry industry groups, however, hit out at Mr Shapps' plans, with the UK Major Ports Group saying they should not have to " be The Police for the labour practices of ferry companies".

Unions also expressed disappointment that the plans did not go far enough for workers who had already lost their jobs.

P& O Ferries said on Friday that all but one of the sacked employees had taken steps to accept the redundancy offer made by The Company .



Source of news: bbc.com

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