THE INSOLVENCY SERVICE’S chief executive and inspector general Stephen Speed has stepped down.
Speed, who has been at the service for more than four years will now take on the role of director of the energy development unit in the government’s department for energy and climate change.
In a letter to staff today Speed said: “During the last four and a half years at The Insolvency Service, we have been on quite a journey together, from seeing the highest case numbers ever recorded by the Official Receiver and the Redundancy Payments Service in 2009-10, to the steepest and largest decline in bankruptcies on record.
“We’ve had to do lots of innovative and sometimes difficult things to make sure we stay on the pace. There is plenty more that The Service has yet to do, as you know. However, now is a good time for somebody new to tackle the exciting job of leading The Service through the next phase of its development”.
A statement from the Insolvency Service said: “BIS [The Department for Business Innovation and Skills] will very shortly launch a competition across the Civil Service to recruit a successor.”
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte