Member Article
May 2021 insolvency statistics, R3 response
Corporate insolvencies increased by 8.8% to 1,011 in May 2021 compared to Aprils figure of 929, and increased by 6.9% compared to May 2020s figure of 946.
Personal insolvencies fell by 14% to 8,482 in May 2021 compared to Aprils figure of 9,864, and were 38.7% lower than May 2020's figure of 13,838.
Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of the May 2021 corporate and individual insolvency statistics for England and Wales:
Todays increase in corporate insolvencies has been driven by a rise in Creditors Voluntary Liquidations, while …
Read the full article at: https://bdaily.co.uk/articles/2021/06/15/may-2021-insolvency-statistics-r3-response