Member Article

R3 responds to June 2023 insolvency statistics

• Corporate insolvencies decreased by 15.3% in June 2023 to a total of 2,163 compared to Mays total of 2,553, and increased by 27.4% compared to June 2022s figure of 1,698.

• Corporate insolvencies increased by 79.4% from June 2021s total of 1,206, by 191.9% from June 2020s total of 741, and 47.5% compared to June 2019 (1,466).

• Personal insolvencies decreased by 18.7% in June 2023 to a total of 8,119 compared to Mays total of 9,990, and decreased by 22.9% compared to June 2022s figure of 10,534.

• Personal insolvencies decreased by 17.6% from June 2021s total of 9,852, decreased by 2% from June 2020s total of 8,282, and decreased by 16.5% compared to pre-pandemic levels in J…

  Read the full article at: https://bdaily.co.uk/articles/2023/07/20/r3-responds-to-june-2023-insolvency-statistics