Corporate insolvencies rose by 1.9% year-on-year in December 2023, and rose by 78.9% when compared to pre-pandemic levels in 2019, according to figures published today by the Insolvency Service.
- Corporate insolvencies decreased by 18.9% in December 2023 to a total of 2,002 compared to November’s total of 2,470, and increased by 1.9% compared to December 2022’s figure of 1,965.
- Corporate insolvencies also increased by 34.4% compared to December 2021’s total of 1,490 and increased by 78.9% compared to pre-pandemic levels in December 2019 (1,119).
- Personal insolvencies decreased by 20.3% in December 2023 to a total of 6,584 compared to November’s total of 8,262, and decreased by 20.2% compared to December 2022’s figure of 8,254.
- Perso…
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