PracticeConsultingRecord numbers of dodgy directors banned

Record numbers of dodgy directors banned

Bans for company directors have risen to record levels, provoking the government to claim success for its 'dodgy director' hotline.

The number of bans rose by 10% last year with almost 1,500 unfit directors receiving their marching orders from the boardroom, the DTI said today.

DTI minister Kim Howells said: ‘My messsge is loud and clear – we mean business. Directors of failed companies who have shown by their conduct that they are unfit to manage companies will be banned.

‘Although the past 12 months has been a record year for bans we must ensure that they are accompanied by an effective means of enforcement. The true success of the hotline and the part the public has to play in this issue is now coming to fruition.’

ACCOUNTANCYAGE.COM EXCLUSIVE: IR35 deals double tax blow for 4,000 businesses

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer