All the updated news related to business insolvency

All the news related to business insolvency updated in real time

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City

Company insolvencies jump 7% year-on-year in January

The number of firms falling into insolvency increased in January against the same month last year, according to official figures. Total company insolvencies in England and Wales hit 1,671 over the first month of 2023, the Insolvency Service said. It ...

14 Feb 2023 at 12:31

City

Company failures will stay high amid surge in wage bills, warns Begbies

Insolvency specialist Begbies Traynor has warned that higher wage bills and prospects for fewer interest rate cuts will keep company failures at high levels, as it revealed its own cost hit from the recent Budget. The group said it is set to face ...

18 Nov 2024 at 09:15

Personal Finance

4% monthly rise in personal insolvencies in February in England and Wales

The number of people going financially insolvent in England and Wales jumped by 4% month-on-month in February. Some 10,147 people entered insolvency in February, which was 4% higher than in January and 5% lower than in February 2024, the ...

18 Mar 2025 at 12:56

Personal Finance

Number of people needing ‘breathing space’ from debts jumped annually in March

The number of people needing “breathing space” from their debts jumped by 4% in March compared with the same month a year earlier, according to Insolvency Service figures. Across England and Wales, there were 8,033 breathing space ...

25 Apr 2025 at 11:56

Personal Finance

Personal insolvencies jumped by 8% month on month in April in England and Wales

The number of people going financially insolvent in England and Wales jumped in April, according to Insolvency Service figures. Some 10,012 people entered insolvency in England and Wales last month, which was 8% higher than in ...

20 May 2025 at 10:59

Personal Finance

Monthly company insolvencies rise to highest level since last July

Business insolvencies rose in April to their highest level since July last year after firms faced fresh tax increases, according to official data. Registered company insolvencies in England and Wales grew by 3% to 2,053 in ...

20 May 2025 at 13:17

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