Allianz Trade forecasts 25,600 UK failures in 2026, still 21% above pre-pandemic averages
Business failures in the UK are finally turning a corner, but the numbers will remain elevated for years to come, according to Allianz Trade’s October 2026 Insolvency Report.
The trade credit insurer expects UK business insolvencies to drop 4% to approximately 25,600 cases in 2026, followed by a further 3% decline to around 24,800 in 2027. That reversal ends a five-year upward run, but it does not end the problem. Even at those…

