Member Article
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Corporate insolvencies increased by 37.8% to 1,228 in December 2020 compared to Novembers figure of 891, and were 9.2% higher than December 2019s figure of 1,125.
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Personal insolvencies increased by 2% to 9,518 in December 2020 compared to Novembers figure of 9,328, and were 13.4% higher than December 2019s figure of 8,391.
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 Decembers corporate and personal insolvency statistics for England and Wales:
Decembers increase in corporate insolvency numbers has been driven by a rise in administrations and Creditors Voluntary Liquidations. It is the first time since F…
Read the full article at: https://bdaily.co.uk/articles/2021/01/18/december-2020-corporate-and-individual-insolvency-statistics-r3-response