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Written question asked by Edward Morello (Liberal Democrat) on Friday, 10 October 2025, in the House of Commons. It was due for an answer on Tuesday, 14 October 2025. It was answered by Blair McDougall (Labour) on Wednesday, 15 October 2025 on behalf of the Department for Business and Trade.


Insolvency

Question

To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the (a) prevalence of phoenixing and (b) potential impact of phoenixing on small businesses.

Answer

The Insolvency Service is committed to working closely with HMRC and Companies House to tackle the harm caused by companies who use ‘Phoenixing’ as a means of avoiding liabilities. There is a range of ongoing activity set out in the recent Treasury Minutes – CP 1306 including a desire to develop a detailed cross-government threat assessment.


Secondary information

Type
Written question
Reference
80819
Session
2024-26
Related items
Subjects
Insolvency Small businesses
Link
View this Written question on www.parliament.uk