A decrease in the monthly number of corporate insolvencies in England and Wales highlights tentative signs of recovery for the region, but business owners should prepare for significant economic challenges moving through the final quarter of 2025.
This is according to the Midlands branch of the UK’s restructuring, turnaround and insolvency trade body R3 and comes on the back of latest figures published by the Insolvency Service which show that corporate insolvencies decreased by 1.7% in August to a total of 2,048 compared to July’s total of 2,083.
R3 Midlands chair Stephen Rome, a partner at law firm Penningtons Manches Cooper in the region, said: “Corporate insolvencies may have decreased slightly in August, but we have a trend…