Member Article
Corporate insolvencies decreased to 856 in October 2020 compared to Septembers figure of 925, and remained well below October 2019s figure of 1,485.
Personal insolvencies increased to 11,939 in October 2020 compared to Septembers figure of 7,458, and were higher than October 2019s figure of 10,030.
Eleanor Temple, chair of the insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of Octobers Corporate and Personal insolvency statistics for England and Wales:
Corporate insolvency numbers in October were slightly down on September, and as has been the pattern since the onset of the pandemic sharply down on the same month in 2019. Month on month,…
Read the full article at: https://bdaily.co.uk/articles/2020/11/16/r3-responds-to-october-insolvency-statistics