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Corporate insolvencies are at their highest since last July
The Cornishman
|June 05, 2025
THE regional chair of insolvency and restructuring trade body R3 has responded to the latest data on insolvencies in England and Wales.
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Corporate insolvencies in April stood at 2,053, an increase on March's total of 1,996 but down by 5.1% on the same month in 2024.
However, that figure was 13.2% higher than the April 2023 total of 1,813.
Personal insolvencies rose by 7.9% in April to 10,012, also higher than March's figure (9,282), and up by 4.4% year on year and by 8.2% compared to April 2023.
Bethan Evans, R3’s chair in the South West, said: “April’s corporate insolvency figures were the highest we've seen since July 2024.
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