HC Deb 20 January 1995 vol 252 c759W
Mr. Fraser

To ask the President of the Board of Trade what steps he intends to take to ensure that directors are disqualified when they have committed a misconduct in relation to the insolvency of a company.

Mr. Jonathan Evans

During 1994, proceedings were issued against 747 unfit directors of insolvent companies representing a 77 per cent. increase over 1993—422 directors. During 1995, it is proposed to make further additional resources available to the Insolvency Service's disqualification unit, which combined with the benefits accruing from implementation of the recommendations contained in the report of the Public Accounts Committee on disqualification, will enable the increased effectiveness achieved in 1994 to be further improved.