4% monthly rise in personal insolvencies in February in England and Wales

The number of people going financially insolvent in England and Wales jumped by 4% month-on-month in February (picture posed by model/Dominic Lipinski/PA) - (PA Archive)

The number of people going financially insolvent in England and Wales jumped by 4% month-on-month in February.

Some 10,147 people entered insolvency in February, which was 4% higher than in January and 5% lower than in February 2024, the Insolvency Service said.