The Insolvency Service has returned £42.7 million to creditors and the wider economy in 2025-26 while increasing enforcement action against rogue directors and supporting thousands of people facing financial hardship, according to its Annual Report and Accounts.
The report shows the agency handled 11,668 insolvency cases, processed 70,633 redundancy payments, and approved 48,344 Debt Relief Orders, helping individuals and businesses navigate financial difficulty.
Enforcement activity increased this year with 1,153 directors disqualified for misconduct – an increase of 11 per cent. There were 185 live company investigations – up 39 per cent on the previous year and 163 criminal prosecutions completed.
The agency…