Member Article
Corporate insolvencies decreased by 39.1% to 752 in January 2021 compared to December 2020s figure of 1,235, and were 50.4% lower than January 2020s figure of 1,515.
Personal insolvencies decreased by 13.7% to 8,305 in January 2021 compared to December 2020s figure of 9,623, and were 20.8% lower than January 2020s figure of 10,482.
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 Januarys corporate and personal insolvency statistics for England and Wales:
Januarys fall in corporate insolvency numbers has been driven by a fall in Creditors Voluntary Liquidations, administrations, and Company Voluntary Arrangemen…
Read the full article at: https://bdaily.co.uk/articles/2021/02/22/monthly-corporate-and-individual-insolvency-statistics-january-2021-r3-response