Member Article
There were 22,109 underlying corporate insolvencies in 2022. This was an increase of 57.3% from 2021s figure of 14,059, an increase of 75% on 2020s figure of 12,632, and an increase of 28.8% on 2019s figure (17,164)
There were 118,851 seasonally adjusted personal insolvencies in 2022 an increase of 8% on 2021s figure of 110,044, rise of 6.5% on 2020s figure (111,571) and a fall of 2.2% compared to pre-pandemic levels in 2019 (122,148)
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 the January 2022 corporate and individual insolvency statistics for England and Wales:
2022 was the year the insolvency dam b…
Read the full article at: https://bdaily.co.uk/articles/2023/02/01/r3-responds-to-the-2022-annual-insolvency-statistics