All the updated news related to company insolvencies

All the news related to company insolvencies updated in real time

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Personal Finance

Thousands seek breathing space from debts as insolvencies rise

More than 75,000 registrations for breathing space from debts have been recorded since May last year, as the number of people going financially insolvent across England and Wales has increased annually. And with households facing a tough winter ...

02 Aug 2022 at 11:53

Personal Finance

Annual jump in number of people taking up debt ‘breathing space’ schemes

The number of people taking “breathing space” from their financial problems has jumped by more than a third annually, according to figures from the Insolvency Service. There were 23,179 breathing space registrations in the first three months ...

28 Apr 2023 at 12:54

Personal Finance

25% jump in people needing breathing space from debts last year

The number of people needing breathing space from their debts jumped by 25% in 2023 compared with the previous year. Across England and Wales, there were 88,390 registered breathing spaces in 2023, comprised of 86,928 standard and 1,462 ...

30 Jan 2024 at 11:25

City

Company insolvencies on track for 14-year annual high after December rise

The number of companies in England and Wales that went bust in 2023 are on track to hit the highest annual level since the aftermath of the financial crisis in 2009 after a jump last month. The Government’s Insolvency Service said 2,...

16 Jan 2024 at 15:06

Personal Finance

Annual jump of 25% in personal insolvencies in England and Wales in November

The number of people going financially insolvent across England and Wales was 25% higher in November this year than in the same month in 2023, according to Insolvency Service figures. Some 10,012 people entered insolvency in ...

17 Dec 2024 at 11:42

Personal Finance

Personal insolvencies jumped by 14% annually in 2024 across England and Wales

The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven by debt relief orders (DROs) jumping to a record high, according to the Insolvency Service. Some 117,947 ...

21 Jan 2025 at 11:13

Personal Finance

Personal insolvencies 5% higher in May than same month of 2024, figures show

The number of people going financially insolvent across England and Wales in May was 5% higher than the same month in 2024, according to Insolvency Service figures. In May 2025, 10,014 people entered insolvency, ...

20 Jun 2025 at 12:32

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