Personal insolvencies in England and Wales increase by 10% compared with the same month a year earlier, according to the Insolvency Service. The figures show that 11,223 personal insolvencies are registered in May. The monthly registrations reflect cases recorded through the Insolvency Service, which publishes official statistics on insolvency activity across the country. The reports agree on the year-on-year growth rate and the total number of insolvencies recorded for the month. Neither source provides additional context such as sector breakdowns, geographic variations within England and Wales, or comparisons with previous months. Overall, the available information indicates a continued upward trend in personal insolvency registrations, driven by higher volumes than in May of the previous year.
Personal insolvencies rise 10% year-on-year in England and Wales in May
Personal insolvencies in England and Wales increase by 10% compared with the same month a year earlier, according to the Insolvency Service. The figures show that 11,223 personal insolvencies are regi...
- The Insolvency Service reports a 10% year-on-year rise in personal insolvencies in May.
- In May, 11,223 personal insolvencies are registered in England and Wales.
- The figures refer to registrations of personal insolvency cases, as published by the Insolvency Service.
- Both sources cite the same headline figures for the May comparison.
Some 11,223 personal insolvencies were registered in May, the Insolvency Service said.
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