Corporate insolvencies fell by 8% to 1,866 in November 2025, compared to the October figure of 2,034. They were also down by 7% compared to the November 2024 figure of 2,001 and by 18% compared to November 2023’s 2,273 figure.
Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, said: “Considered alongside a drop in the inflation rate to 3.2% and the recent cut in the interest rate to 3.75%, the fall in corporate insolvencies may give a glimmer of hope to struggling businesses in the run up to Christmas and offer business owners some cautious optimism that conditions may begin to improve…