Increasing costs and uncertainty are continuing to drive corporate insolvencies, the Wales Chair of insolvency and restructuring trade body R3 has said.
Corporate insolvencies in England and Wales increased by 2.9% in April 2025 to a total of 2,053 compared to March 2025’s total of 1,996, and decreased by 5.1% compared to April 2024’s total of 2,163. Corporate insolvencies increased by 13.2% from April 2023’s total of 1,813.
Personal insolvencies in England and Wales increased by 7.9% in April 2025 to a total of 10,012 compared to March 2025’s total of 9,282, and increased by 4.4% compared to April 2024’s total of 9,586.
Personal insolvencies increased by 8.2% compared to April 2023’s total of 9,252.
Bethan Evans, Wales Chair of R3, the…
