Nearly 2,000 British Firms Pushed Into Insolvency

Nearly 2,000 British firms pushed into insolvency

Rising business costs have pushed nearly 2,000 firms across the UK into insolvency.

Business insolvencies rise by 5% - Credit Connect

Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales was 1,931 in July 2026, 5% higher than in June 2026 (1,847) but 5% lower than the same month in the previous year (2,031 in July 2025). The business insolvencies in July 2026 consisted of 288 compulsory liquidations, 1,497 creditors’ voluntary liquidations (CVLs), 124 administrations and 22 company voluntary arrangements (CVAs). Th…

Company insolvencies rise 5% in July to 1,931

Monthly increase driven by Creditors' Voluntary Liquidations despite overall year-on-year drop