Insolvency statistics October to December 2017

Statistics on corporate and individual insolvencies in England and Wales for October to December 2017 have been released by the Insolvency Service.

Summarised by R3, the insolvency trade body:

Corporate insolvencies

  • Excluding one-off ‘bulk insolvency events’, corporate insolvencies in 2017 rose 2.5 per cent from 2016. Excluding these one-off events, there were 15,112 insolvencies in 2017.
  • Excluding a one-off ‘bulk insolvency event’, corporate insolvencies fell by 17.2 per cent in Q4 compared to Q3 2017 and by 10.9 per cent compared to Q4 2016.

Personal insolvencies

  • Personal insolvencies fell 11 per cent from Q3 to Q4 2017, but were 10 per cent higher than in the same quarter in 2016.
  • In 2017, there were 99,196 personal insolvencies, an increase of 9 per cent on 2016, when there were 90,657.

View the statistics for October to December 2017 here, and read more (and commentary) at r3.org.uk.