European business, markets and politics
The tax authority has taken the rare step of petitioning for bankruptcy against the high‑profile pundit, citing an outstanding bill.

Jamie Carragher, the former England defender turned Sky Sports analyst, is facing a court petition that could see him declared bankrupt after HMRC said he owes a substantial tax sum.
The petition was lodged yesterday at the High Court in London by solicitors acting for HMRC. It targets Carragher, 48, over an unpaid tax bill that the authority says has not been resolved despite offers of instalment plans.
“We take a supportive approach to dealing with customers who have tax debts and do everything we can to help those who engage with us to get out of debt, such as offering instalment plans. We only petition for bankruptcy as a last resort.”
The move is notable because bankruptcy petitions against high‑profile media personalities are relatively rare, and HMRC has warned that it will continue to use the route when debts remain unpaid.
Beyond the personal impact, the case highlights the broader pressure on public figures to manage their finances transparently. As tax pressure mounts across the UK, the HMRC’s willingness to pursue bankruptcy could set a precedent for other high‑earning individuals.
Carragher built his post‑playing career on a partnership with Gary Neville and the media venture The Overlap, while also appearing on US broadcaster CBS Sports for Champions League coverage. Any restriction on his ability to direct companies could ripple through these enterprises.
The court will decide whether to issue a bankruptcy order. If the petition is withdrawn after Carragher settles the debt, he could avoid the restrictions that come with bankruptcy. Legal experts note that several celebrities have resolved similar cases by paying the outstanding amount, prompting HMRC to drop the petition.
Should the order stand, Carragher would lose control of his assets, face limits on obtaining credit and be barred from holding directorships, potentially reshaping his media presence.