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More than 1,000 directors disqualified following Insolvency Service investigations.
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Of these, 736 were banned for Covid loan abuse.
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The report also highlights the average length of a ban was eight years.
Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse.
The Insolvency Service enforcement outcomes report for 2024-25 was published on 14 April 2025.
The report shows that of the 1,036 directors who were disqualified, 736 were for Covid loan abuse and the average length of a ban was eight years.
The report also shows that there have been 131 bankruptcy restriction orders put in place, 87 of which were related to the abuse of Covid loans.
Dave Magrath,…
