Q4 2018 (October-December) England & Wales insolvency statistics (published by the Insolvency Service) have shown an increase in both personal and corporate insolvency.
Seasonally adjusted corporate insolvencies in 2018 rose 10% from 2017. Excluding one-off events, there were 16,090 insolvencies in 2018.
Seasonally adjusted corporate insolvencies fell by 9% in Q4 2018 compared to Q3 2018, but rose by 11% compared to Q4 2017.
In 2018, there were 115,299 personal insolvencies, an increase of 16% on 2017, and the highest annual total since 2011.
Personal insolvencies rose 35% from Q3 to Q4 2018, and are 35% higher than in the same quarter in 2017.
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