England and Wales See 10% Year-on-Year Decline in Company Insolvencies for June 2026, Reports Show
📈 England and Wales recorded 1,845 company insolvencies in June 2026, down 10% from June 2025, with 1,364 being creditors’ voluntary liquidations. Administrations rose by 45% to 191 due to real estate company cases. The insolvency rate decreased to 50.5 per 10,000 active companies. Retail, wholesale, and hospitality made up 29% of yearly insolvencies. Scotland and Northern Ireland saw 104 and 18 insolvencies, respectively. Businesses face uncertainty amid new governance and potential tax reforms.
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