Insolvencies
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Corporate insolvencies at highest level since 1993
Rate is the highest in 30 years and 14% up on last year
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Business closures overtake openings for first time since 2010
Number of businesses set up in 2022 fell by 7%
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Company insolvencies set to hit record high
Insolvencies on track to top 25,000 this year, beating 2009’s record
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More real estate companies collapse as debt grows
Insolvencies jump by 16% year-on-year, new data shows
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Insolvencies at highest levels since GFC
Number of companies going to the wall in Q3 was up 10% year-on-year
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Construction companies collapse at highest rate in a decade
About 4,280 firms became insolvent in the 12 months to June
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Insolvencies increase as directors call time
Number of companies declared insolvent rose by a further 27% in June
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Real estate investment insolvencies more than double
Companies hit by refinancing struggles as rates rise
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Expect more restructuring and company failures, says FRP
FRP Advisory has told shareholders it will do well out rising business failures
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Corporate insolvencies jump 57%
Company failures reached 22,109 last year, the highest figure since 2009
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Corporate insolvencies 76% higher than before pandemic
Landlords face more pain as businesses buckle
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Company failures expected to rise even higher
Monthly insolvencies are 21% higher than last year, and 35% higher than before the pandemic