Insolvency statistics for individual insolvencies by location, age and gender in England and Wales have been released. The statistics cover the period 2000 to 2014.
Among the key findings:
- The total insolvency rate decreased in nearly all regions, continuing the decreasing trend since 2009.
- For the first time, the female insolvency rate was higher than the male insolvency rate.
- Insolvency rates were highest in the 35 to 44 age category for both men and women.
- The North East continued to have the highest insolvency rates, while London had the lowest.
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