An increase in the monthly number of company insolvencies, as well as a rise in the unemployment rate and slow GDP growth, highlight the continued financial strain facing businesses as 2026 begins.
This is according to the North West chair of the UK’s restructuring, turnaround and insolvency trade body R3.
It comes of the back of new statistics published by the government’s Insolvency Service showing that corporate insolvencies in England and Wales increased by four per cent last month to 1,744 compared to the previous month. However, January’s figure was 14 per cent down on the same month in 2025.
Mark Davies, chair of R3 in the North West and head of restructuring and insolvency at Aaron and Partners LLP, said: “January is…