Insolvency figures for January have confirmed there was no post-Christmas boost for businesses in the South and Thames Valley.
R3, the trade body for restructuring and insolvency professionals, noted that although the new statistics for England and Wales showed a dip when compared with December, insolvencies are up from January last year and against pre-pandemic levels.
R3s analysis of data from The Insolvency Service also showed a rise in personal insolvencies, indicating that January was another tough month for consumers.
The latest statistics for England and Wales showed corporate insolvencies decreased by 11.8% in January 2024 to a total of 1,769, compared with December 2023s total of 2,005, and increased by 5% compared with January …
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