Insolvency Service: Finance

Department for Business, Energy and Industrial Strategy written question – answered on 28th April 2022.

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Photo of Jonathan Reynolds Jonathan Reynolds Shadow Secretary of State for Business and Industrial Strategy

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the adequacy of funding provided to the Insolvency Service to perform its duties effectively.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

Funding arrangements for the Insolvency Service over the next three years were considered at the recent Spending Review. The Insolvency Service regularly reports to the Department on its finances, its use of resources and its performance.

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