Member Article

R3 responds to January 2024 insolvency figures

• Corporate insolvencies decreased by 11.8% in January 2024 to a total of 1,769 compared to December 2023’s total of 2,005, and increased by 5% compared to January 2023’s figure of 1,685. 
• Corporate insolvencies increased by 12.9% from January 2022’s total of 1,567 and by 2.5% when compared to pre-pandemic levels in January 2019 (1,726).
• Personal insolvencies increased by 22.8% in January 2024 to a total of 8,089 compared to December 2023’s total of 6,585, and increased by 4.3% compared to January 2023’s figure of 7,756. 
• Personal insolvencies decreased by 4.7% from January 2022’s total of 8,485 and decreased by 17% when compared to pre-pandemic levels in January 2019 (9,…

  Read the full article at: https://bdaily.co.uk/articles/2024/02/16/r3-responds-to-january-2024-insolvency-figures