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Evening Standard

Vicky Shaw

12% annual jump in personal insolvencies across England and Wales in January

England Wales Insolvency Service The Insolvency Service

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.

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