Legal News

Insolvency Service publishes monthly statistics for October 2022

Published on: 15 November 2022
Published by LNB News

LNB News 15/11/2022

Document Information

Issue Date: 15 November 2022

Published Date: 15 November 2022

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

Article summary

The Insolvency Service has published its monthly insolvency statistics for October 2022 on company and individual insolvencies. The data shows there were 1,948 company insolvencies registered, 38% higher than in October 2021 (1,410) and 32% higher than the number registered pre-coronavirus (COVID-19) pandemic levels (October 2019, 1,477). For individuals, 531 bankruptcies were registered, 14% lower than in October 2021 and 62% lower than in October 2019.

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