The average length of disqualifications for directors of insolvent companies has increased 11.7% since last year.
The average duration of disqualification orders imposed on Directors by the Insolvency Service has climbed to 6.48 years in 2008-09, from an average of 5.8 years of disqualification in 2007-08, according to City law firm Reynolds Porter Chamberlain LLP (RPC).
Disqualification orders ban individuals from being directors or taking part in the creation or promotion of a limited company for up to 15 years. Although disqualification orders allow individuals to go into business as sole traders it means that in the future they will have unlimited liability for the losses of that business.
The figures show that the government is intensifying its efforts to deter bad behaviour by...