United Kingdom · Question · Written question
UIN 1376
Companies: Insolvency
Original
Introduced
14 May 2026
Last action
21 May 2026 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
21 May 2026
Summary
To ask the Secretary of State for Business and Trade, whether he plans to prevent the directors of companies which become insolvent during their directorship from setting up more companies.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 May 2026
Written question
To ask the Secretary of State for Business and Trade, whether he plans to prevent the directors of companies which become insolvent during their directorship from setting up more companies.
Source: Commons
21 May 2026
Answer
It is important to remember that most companies do not become insolvent due to wrongdoing. Directors of an insolvent company can run similar businesses unless they are disqualified or subject to restrictions. Where directors abuse the system, the Secretar...
Source: Written answer
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- · Department for Business and Trade · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2026-05-14/1376
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1905604
- uk · wq-1905604 · source updated 21 May 2026