Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, for what reason (a) the number of staff and (b) staff costs have increased at Companies House since April 2017.

Companies House’s staff numbers have increased in recent years as a result of its extensive transformation to strengthen the integrity and transparency of the UK corporate register. The Economic Crime and Corporate Transparency Act 2023 has significantly expanded Companies House’s remit, introducing new powers such as identity verification and enhanced investigation and enforcement to tackle misuse of the register and combat economic crime. Alongside enhancements to its digital and data systems, these changes have required additional specialist capability to implement and maintain. These factors, together with the implementation of civil service pay awards, have affected staff costs over this period.