Member Article
Corporate insolvencies increased by 19% to 1,207 in June 2021 compared to Mays figure of 1,014, and rose 62.9% compared to June 2020s figure of 741.
Personal insolvencies rose by 15.8% to 9,836 in June 2021 compared to Mays figure of 8,497, and were 18.8% higher than June 2020s figure of 8,282.
Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of the June 2021 corporate and individual insolvency statistics for England and Wales:
The increase in corporate insolvencies between May and June to the third highest monthly figure since the pandemic started has been driven by a rise in Creditors Voluntary Liquidations (CVL…
Read the full article at: https://bdaily.co.uk/articles/2021/07/19/june-2021-corporate-and-personal-insolvency-statistics-r3-response