The Insolvency Service has published its Business Insolvency Demography 2015–25 official statistics in development for England and Wales. In 2025, a total of 22,455 business insolvencies were recorded, equating to a rate of 116 per 10,000 businesses. This compares with a rate of 117 per 10,000 in 2024 and 88 per 10,000 in 2019.

The Insolvency Service has published a consultation, launched by the Joint Insolvency Committee (JIC), on proposed revisions to Statement of Insolvency Practice (SIP) 3.1 for individual voluntary arrangements (IVAs) in England and Wales. The JIC working group reviewed the SIP in response to changes in the IVA market. The proposed revisions would strengthen requirements for insolvency practitioners to carry out due diligence on referrers and introducers, understand the full customer referral journey and ensure that debtors know the roles, responsibilities and employers of all parties involved. Practitioners would also have to give debtors clear information about IVAs, their consequences and alternative debt solutions, and sufficient time to consider this information before deciding whether to proceed.

The Insolvency Service has published management information on coronavirus (COVID-19) Bounce Back Loan (BBL) recoveries in Great Britain covering May 2020 to June 2026. Criminal enforcement action has resulted in confiscation orders valued at £988,099.78, of which £581,525.71 has been paid and distributed as enforcement recoveries. Civil action has secured BBL compensation undertakings or orders totalling over £12.6 million. As at 30 June 2026, over £3.4 million had been recovered. Of the unrecovered funds, £4.7 million is subject to repayment plans, while enforcement action is being pursued in relation to a significant proportion of the remaining funds.

The Insolvency Service has published guidance outlining the process for obtaining licences to act as directors while subject to UK director disqualification sanctions. The guidance details eligibility criteria, application requirements and review timelines for individuals and companies seeking permission to promote, form or manage companies despite sanctions. Applications must demonstrate why specific acts require licensing and why alternative officers cannot perform these duties. The Insolvency Service aims to complete initial application reviews within four weeks, though final decisions may take several months. Separate applications are required for each company, and licences will be issued only for defined periods with specific conditions.

The Insolvency Service has published guidance outlining the investigation process for directors of insolvent companies. The document details how office-holders must submit director conduct reports to the Insolvency Service within three months of formal insolvency proceedings. It details the investigation stages, potential outcomes, and the Secretary of State's decision-making process regarding disqualification. The guidance specifies that disqualification periods can range from 2–15 years and details when compensation orders may be sought. The document forms part of the Director Information Hub and aims to clarify procedures for directors under investigation.

The Insolvency Service has published statistics for individual insolvencies in England and Wales for 2025, broken down by region, local authority areas, parliamentary constituencies; age; gender; and electoral ward. In 2025, one in every 395 adults entered an insolvency procedure (compared with one in every 415 adults in 2024) and one in 550 adults entered a breathing space under the Debt Respite Scheme.

The Insolvency Service has published statistics for individual insolvencies in England and Wales from 2013–2023, broken down by region, local authority areas, parliamentary constituencies; age; gender; and electoral ward. In 2023, one in every 461 adults entered an insolvency procedure and one in 541 adults entered a breathing space under the Debt Respite Scheme. The individual insolvency rate was the lowest since 2017.

The Insolvency Service has published guidance outlining the Official Receiver's interim position on motor finance mis-selling claims in bankruptcy cases. This follows recent media coverage and a Supreme Court judgment, and addresses situations where individuals who entered into finance agreements before their bankruptcy or discharge may have claims incorporated into bankruptcy proceedings.

The Insolvency Service, accompanied by R3, have issued their literary review which provides key findings on inclusion and diversity in the insolvency sector and related professions. The review outlines helpful ways to combat such obstacles and provides further feedback concerning long-term propositions towards effective implementation and intervention.

The Insolvency Service has published its monthly insolvency statistics for April 2024 on company and individual insolvencies. The data shows that 2,177 company insolvencies were registered, 18% higher than in April 2023 and higher than during the coronavirus (COVID-19) pandemic and between 2014 and 2019. For individuals, the total number of insolvencies in April 2024 was 9,651, 5% higher than in April 2023.

The Insolvency Service has published its monthly insolvency statistics for April 2025 on company and individual insolvencies in England and Wales. The data illustrates that there were 2,053 company insolvencies, 3% higher than in March 2025 and 5% lower than the same month in 2024. For individuals, the total number of insolvencies in April 2025 was 10,012, 8% higher than in March 2025 and 4% higher than April 2024.

The Insolvency Service has published its monthly company and individual insolvency statistics for August 2026 for England and Wales. The data shows that there were 1,946 company insolvencies, similar to July 2026 (1,934) but 3% lower than the same month in the previous year (2,007 in August 2025). 11,644 individuals entered insolvency in August 2026, 2% lower than in July 2026 and 3% higher than in August 2025.