NW insolvencies hit 14-month high, surpassed only by Greater London
The number of insolvency-related activities in the North West reached a 14-month high in May, according to new research from R3, the insolvency and restructuring trade body.
R3’s analysis of data provided by Creditsafe shows there were 452 cases of insolvency-related activity, which includes liquidator appointments, administrator appointments and creditors’ meetings, in the North West in May.
These figures were the highest since March 2023, when 476 cases were recorded.
Insolvency-related activity rose by 15% in May 2024,... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
