Corporate insolvencies in England and Wales increased by 6.4% in January 2025 to a total of 1,971 compared to December 2024’s total of 1,852, and increased by 10.7% compared to January 2024’s figure of 1,780.
Corporate insolvencies increased by 13.1% from January 2023’s total of 1,743.
Personal insolvencies in England and Wales decreased by 3.4% in January 2025 to a total of 9,706 compared to December 2024’s total of 10,045, and increased by 11.6% compared to January 2024’s figure of 8,698.
Personal insolvencies increased by 12.5% from January 2023’s total of 8,630.
Bethan Evans, South West chair of R3, the UK’s insolvency and restructuring trade body, said: “The monthly and yearly rise in corporate insolvencies is down to an increase in…
