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Insolvency Service publishes monthly insolvency statistics for May 2024

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Published on: 18 June 2024
Published by LNB News

LNB News 18/06/2024

Document Information

Issue Date: 18 June 2024

Published Date: 18 June 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Insolvency Service has published its monthly insolvency statistics for May 2024 on company and individual insolvencies. The data shows that 2,006 company insolvencies were registered, 21% lower than in May 2023 and higher than during the coronavirus (COVID-19) pandemic and between 2014 and 2019. For individuals, the total number of insolvencies in May 2024 was 9,266, 3% higher than in May 2023.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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