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Activity around insolvency rises by 7% in region

The Journal

|

November 14, 2025

Insolvency activity rose for October, but the number is still down on last year

- COREENA FORD Business writer coreena.ford@reachplc.com @Scoopford

NORTH East businesses are “battling for survival”, with insolvencies activity increasing in the last month, new data has shown.

R3, the UK's restructuring, turnaround and insolvency trade body, regularly carries out analysis into data provided by Creditsafe, to provide a snapshot of regional business health based around insolvency-related activity.

Now the organisation has revealed that insolvency-related activity jumped by 7% in the North East last month, going from 57 in September to 61 in October. However, despite the increase, October's figure was 16% below the same period last year when a huge spike in insolvency activity was reported.

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