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UK Insolvencies Near 13-Year High After Covid Support Ends

  • Majority of cases were creditors’ voluntary liquidations
  • Period saw 5,629 company insolvencies registered in the UK
Residents pass boarded-up closed businesses in Weston-super-Mare, UK.

Residents pass boarded-up closed businesses in Weston-super-Mare, UK.

Photographer: Tom Skipp/Bloomberg
Updated on

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The number of companies filing for insolvency in England and Wales last quarter was the highest since 2009, a situation that’s expected to get worse before it gets better.