VerbatimParliament, as it happens

Insolvency

Asked by Helen MaguireLiberal DemocratDepartment for Business and TradeTabled Answered 3 February 2026UIN 108518

The question

To ask the Secretary of State for Business and Trade, when he expects to receive the outcome of the Personal Insolvency Review.

Answered by Blair McDougall

The Personal Insolvency Review is the most significant review of the personal insolvency framework in England and Wales since the introduction of the current regime in 1986. The review is ongoing, and the Government expects to finalise options for reform in the coming months.

Any proposed reforms to the personal insolvency regime will be subject to public consultation.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim