Arcadia Group: Insolvency
(asked on 7th December 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will undertake an inquiry into the collapse of Arcadia.
This question was answered on 15th December 2020
The administrators of Arcadia have three months from the date of administration to make a report on the conduct of the directors to the Insolvency Service. My Rt. Hon. Friend the Secretary of State wrote to the Insolvency Service on 1 December asking it to review this report as soon as it is received. The Insolvency Service will do so and consider what further steps may be necessary.