The Insolvency Service will cut its number of offices by half – to 11 from 22 – as it sets out a new regional hub strategy.
The department will consolidate smaller offices into larger existing offices over the next five years. It said the move was part of a push to “enhance value for money for the taxpayer” and would save it more than £20m over the next decade – money it will reinvest in improving online facilities.
The 11 existing offices to become regional centres are in Birmingham, Cardiff, Croydon, Edinburgh, Exeter, Ipswich, Leeds, London, Manchester, Newcastle and Nottingham.
