Question to the Ministry of Justice:
To ask the Secretary of State for Justice, what estimate he has made of how much revenue will be collected annually by HM Revenue and Customs through insolvency litigation funded by third-party funding.
The Ministry of Justice has not made such an estimate. We are currently considering the way forward for the application of the no win no fee reforms in Part 2 of the LASPO Act 2012 for insolvency litigation.