Member Article
Corporate insolvencies in England and Wales increased by 29% when compared to June 2020 but are 34% lower than in July 2019
Personal insolvency numbers in England and Wales decreased when compared to June 2020 (12% lower) and July 2019 (40% lower)
Eleanor Temple, chair of the insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, comments on todays publication of the July corporate and personal insolvency statistics:
The month-on-month rise in corporate insolvencies in July is largely down to an increase in administrations, Compulsory Liquidations, and Creditors Voluntary Liquidations (CVLs). Although overall numbers remain low in comparison to the same time last year, this …
Read the full article at: https://bdaily.co.uk/articles/2020/08/17/july-corporate-and-personal-insolvency-figures-r3-response
