Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, with reference to the Government efficiency savings: technical note, 2021, published on 28 March 2022, what debt recoveries were made in the private sector as a result of the Debt Market Integrator including (a) the company the debt was recovered from, (b) the amount recovered for each private company and (c) a summary of how the debt was accrued.

Since its inception in 2015, the Debt Market Integrator has recovered over £2.9bn in debts from over 14 million accounts owed to the public sector. Due to the vast amount of accounts placed with the DMI, we are unable to provide a breakdown of the companies that debt was recovered from or the amount recovered for each private company, or how the debt accrued.

The DMI focuses on ethical collection strategies in line with Financial Conduct Authority Treating Customers Fairly Principles, to ensure that debt is recovered in a sustainable manner, taking individual consumer and business circumstances into account.