People taking out Individual Voluntary Arrangements (IVAs) in England and Wales increase by 27% year-on-year in July, according to figures reported by the Insolvency Service and covered by multiple outlets.
In July 2026, 11,926 people enter insolvency in England and Wales, which is 14% higher than in July 2025. The Insolvency Service’s statistics provide the underlying context for both the IVA figures and the broader measure of insolvency entries. While the coverage highlights the IVA annual increase, the Independent also places it alongside the overall rise in insolvency cases. The Belfast Telegraph focuses on the IVA trend, whereas the Independent stresses the wider change in insolvency entries over the same period.
Taken together, the reports indicate a broader increase in insolvency activity, with IVAs standing out as a specific category showing a 27% year-on-year jump in July.
