New data shows sharp rise in forced business closures

Fresh figures published by the Insolvency Service reveal that 1,882 companies entered insolvency in September 2026, down five per cent on the same month last year. However, behind the headline improvement, compulsory liquidations rose by 25 per cent year-on-year to 341 cases. Compulsory liquidations generally follow court action to wind up a company, often after…