Coronation Street star Simon Gregson ‘owes £165,000 to the tax office and the bank’ and is now under Government investigation, but when questioned, he claimed it was because he was covering for the Corries bosses! What’s going on?

*Coronation Street* star Simon Gregson is facing an investigation following the collapse of his production company, Simon Gregson Productions Ltd. 

The company, which owes a significant sum of money to HMRC and a bank, 

was liquidated in November 2023, and the liquidation process has now led to a review of the actor’s conduct as a director.

According to reports from *The Sun*, liquidators have submitted a report to the Department for Business, 

Energy & Industrial Strategy (BEIS) regarding Gregson’s role in the company’s financial difficulties. 

This report, submitted under the Company Directors Disqualification Act 1986, details concerns about Gregson’s management of the business, 

particularly after it transferred £252,000 from its accounts into an account controlled by him.

While the details of the report are confidential, liquidators have stated that there are no remaining avenues to recover the company’s debts, which are substantial. Simon Gregson Productions Ltd owes £165,000, including £125,002 to HMRC and £35,000 to Coutts Bank for a Covid loan, with additional debts to trade and expense creditors. Gregson’s company had been struggling for some time, with the pandemic exacerbating its financial woes.

In an official statement, the liquidators explained that they had conducted an initial investigation into whether any actions could lead to recoveries for the estate. Their findings suggest that no significant issues requiring further investigation have surfaced, but they have reported Gregson’s financial dealings to the relevant authorities.

Despite these troubles, Gregson, 50, continues to enjoy a successful career on *Coronation Street*, where he has portrayed Steve McDonald since 1989. His role on the soap remains a steady source of income, with reports suggesting he earns £150,000 annually for his work on the show. In addition, Gregson reportedly earned £250,000 for his appearance on *I’m A Celebrity… Get Me Out of Here!* in 2021. However, his financial difficulties have led him to take drastic steps to repay creditors, including selling office furniture and agreeing to monthly repayments of £1,500. So far, Gregson has repaid £9,000 of the debt, with plans to continue monthly payments until the debt is cleared, or if the balance is not repaid within 36 months, it could be settled through the sale of his home.

Gregson’s financial troubles have made headlines before, with the actor admitting that his appearance on the reality show *I’m A Celebrity* was in part to help alleviate his financial struggles. He joked about the money he earned from the show, referring to it as a “solid gold diamond goblet,” acknowledging that it helped him deal with his mounting debt.

In the midst of these financial challenges, Gregson’s personal life has also faced scrutiny. Earlier this month, he was forced to deny rumors that he had split from his wife, Emma Gleave. This confusion arose when court documents listed Emma as Gregson’s “estranged wife,” but a source close to the couple clarified that the two are still together and that the mention of “estranged” was a mistake in the paperwork. The couple has reportedly been unaware of the error, and the actor’s representatives have not commented further on the matter.

Gregson’s situation has attracted widespread attention, and his financial struggles and personal challenges continue to be a topic of public interest. He has also opened up about his mental health, discussing his battles with anxiety in interviews. Earlier this month, he revealed on *Loose Women* that he struggled with anxiety attacks and didn’t think he could appear on the show that day, but ultimately shared his experiences to help others going through similar issues.

As the investigation into his conduct continues, Simon Gregson faces the daunting task of resolving the financial mess left by his company’s collapse. The BEIS investigation will determine whether further actions will be taken in regard to his role as a director. In the meantime, Gregson continues his long-running role on *Coronation Street* and works to repay the debts from his failed business venture. Fans of the actor and the soap are watching closely as these developments unfold.

Follow us to see more useful information, as well as to give us more motivation to update more useful information for you.

Related Posts

Coronation Street fans are speculating that Kit Green, played by Jacob Roberts, could be the biological father of a newly introduced character!!!

Speculation is running wild among Coronation Street fans as they theorize that Kit Green,  played by Jacob Roberts, may secretly be the biological father of a newly…

Corrie Spoilers: David Platt is set to get things back on track in Coronation Street as a loved one returns to help him!!!

David Platt’s life took a dangerous turn last year when he made a reckless decision that put  not only himself but his entire family in grave danger….

Coronation Street fans admit they were “shocked” after spotting a specific detail featuring Becky McDonald as this beloved character in the latest episode of ‘Classic Corrie’! She’s like a second Kit Green!

Coronation Street fans were left feeling nostalgic and a bit bewildered after spotting an  intriguing detail about Becky McDonald in a recent episode of Classic Corrie. The…

Coronation Street News: For the first time, Debbie forgets something important, and Tracy seizes this shocking discovery for her new plan with Rob!

A Coronation Street storyline that has been met with controversy among fans has officially  begun, with many branding it as going “too far.” Last year, reports emerged…

Mick’s dark secret will be revealed on Coronation Street next week after his confrontation with Daisy: Lou, Mick, and a young Kit were involved in a robbery together, and Kit is aware of Mick’s threats against Daisy!

Coronation Street could be heading into darker territory after a chilling moment involving  newcomer Mick aired on Wednesday night, leaving viewers unsettled and speculating about his true…

Coronation Street is set to k!ck off a heartbreaking storyline about Debbie Webster’s departure after her heated clash with Mick! What tragic fate will Debbie’s dementia lead to?

Coronation Street is preparing to launch an emotional and heartbreaking exit storyline for  beloved character Debbie Webster, despite passionate efforts from fans to prevent her departure. The…

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!