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Insolvency data for April provides “more grim reading”, say brokers
Over 9,651 individuals entered insolvency in England & Wales throughout April 2024.
The Insolvency Service
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Number of monthly company insolvencies falls by 17% in March
However, numbers of company insolvencies remained much higher than those seen both during the COVID-19 pandemic and between 2014 and 2019.
Featured
Company insolvencies hit highest level since 1993
In 2023, there were 25,158 registered company insolvencies, comprising 20,577 creditors’ voluntary liquidations (CVLs).
Lead Story
Company insolvencies see annual rise of 21%
Approximately 2,466 companies registered for insolvency throughout November.