January personal insolvencies jump 12% annually in England, Wales

NAMPA / DPA
2025-02-18
London (PA Media/dpa) - The number of people going financially insolvent across England and Wales jumped by 12% in January compared with the same month a year earlier, according to Insolvency Service figures. Some 9,706 people entered insolvency last month, which was 3% lower than in December 2024 but 12% higher than in January 2024. Personal insolvencies are made up of bankruptcies, debt relief orders (DROs) and individual voluntary arrangement......
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