Member Article
Corporate insolvencies increased by 4.2% in November 2022 to a total of 2,029 compared to Octobers total of 1,948, and increased by 21.1% compared to November 2021s figure of 1,676, and by 34.8% compared to November 2019s total of 1,505.
Personal insolvencies decreased by 0.6% to 10,465 in November 2022 compared to 10,528 in October, and were 11.4% higher than November 2021s figure of 9,390, and 8.9% from November 2019s total of 9,606.
Eleanor Temple, chair of the insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, comments on the publication of the November 2022 corporate and individual insolvency statistics for England and Wales:
The rise in corporate insolvency numbers…
Read the full article at: https://bdaily.co.uk/articles/2022/12/15/r3-responds-to-the-november-2022-insolvency-statistics