British Home Stores: Insolvency

(asked on 28th March 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government whether they will instruct the Insolvency Service to publish its report into the collapse of BHS.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 11th April 2018

Following the collapse of BHS in 2015, the Insolvency Service carried out an investigation into the conduct of the former directors of the company and has recently announced that it intends to bring proceedings to disqualify four of the former directors from running or controlling a company for up to fifteen years. The Insolvency Service gathers evidence against individuals, it does not produce a report into the full investigation. On the conclusion of an investigation and once any legal proceedings have been completed, if any directors are disqualified the Insolvency Service will publish the details of the disqualifications and will notify Companies House which keeps the statutory register of disqualifications.

In view, however, of the exceptional public interest in this investigation, and once any legal proceedings have been completed, the Insolvency Service will consider what further information it can legitimately publish.

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