Member Article
R3 responds to the 2023 annual insolvency statistics
- There were 25,158 seasonally adjusted corporate insolvencies in 2023. This was an increase of 13.7% from 2022s figure of 22,123, an increase of 78.9% on 2021s figure of 14,059, and an increase of 46.6% on pre-pandemic figures in 2019 (17,163).
- There were 103,454 seasonally adjusted personal insolvencies in 2023 a decrease of 12.9% on 2022s figure of 118,766, a fall of 6% on 2021s figure of 110,044 and a fall of 15.3% compared to pre-pandemic levels in 2019 (122,147).
Eleanor Temple, chair of the UKs insolvency and restructuring trade body R3 in Yorkshire, and a barrister at Kings Chambers in Leeds, responds to the publication of the 2023 annual corporate and personal …
Read the full article at: https://bdaily.co.uk/articles/2024/01/31/r3-responds-to-the-2023-annual-insolvency-statistics