Figures today revealed the number of people being declared insolvent in England and Wales may have peaked after falling for the first time since 2007. According to the Insolvency Service, there were 34,743 personal insolvencies in the April to June period, a fall of 3% compared with the first quarter. However, they were still 5% [...]
Figures published today by the Insolvency Service revealed a considerable rise in the number of people declared insolvent in England and Wales.
According to the Insolvency Service, there were 35,682 personal insolvencies in the first quarter of the year – the fifth straight quarter during which the total has hit a fresh high.
The figure [...]
Having studied the latest figures from the Insolvency Service, Grant Thornton is predicting a glut of company failures in England and Wales during 2010.
Last year saw a record 4,161 companies placed in administration (up 1.7% on 2008) and the accountancy firm warns: “There is no light at the end of the tunnel for troubled companies [...]
Figures from the Insolvency Service today highlighted the impact that the recession has had on many individuals.
According to the organisation, the number of people declared insolvent in England and Wales reached a record high in the last three months of 2009.
There were 35,574 people declared insolvent in the last three months of the year – [...]
Figures from the Insolvency Service have revealed that personal insolvencies were up 28% in the third quarter of 2009 compared with the same period a year ago.
There were 35,242 personal insolvencies in the period – a 6.6% increase on the second quarter.
However, the number of businesses declared bankrupt declined, with 4,716 company liquidations, down 4.7% [...]
Figures from the Insolvency Service have revealed that personal insolvencies were up 28% in the third quarter of 2009 compared with the same period a year ago.
There were 35,242 personal insolvencies in the period – a 6.6% increase on the second quarter.
However, the number of businesses declared bankrupt declined, with 4,716 company liquidations, down 4.7% [...]