Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says:
“Despite a decrease compared to last month, July’s corporate insolvency figures are the highest we’ve seen for this month since 2019, as a result of increases in Compulsory Liquidation, Administration, and Creditors’ Voluntary Liquidation (CVL) numbers compared to July 2023 and 2019.
“CVLs continue to be the most common corporate insolvency process, although their numbers have fallen compared to last month and July 2022. These…
