Latest data from Allianz Trade shows that business insolvencies are putting 213,000 UK jobs at risk.
The company is forecasting that business insolvencies will rise by +5% in 2026 and +1% in 2027 (+6% in 2025), marking five consecutive years of increases. Given the uncertain geopolitical and macroeconomic environment, the peak in insolvencies will be delayed by one year to 2028 (-1%), slightly retreating from very high levels.
In the UK, we expect business insolvencies to continue their gradual stabilisation. Insolvencies should reverse their five-year upward trend in 2026 with a 4% decline to 25,600 cases, followed by a further 3% decrease to approximately 24,800 in 2027.
Despite these projected declines, insolvencies…