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Evening Standard
Evening Standard
Alex Daniel

Company insolvencies jump in March ahead of cost increases and tariffs

Donald Trump Insurance International Monetary Fund United Kingdom
More companies went insolvent last month than in the same point in 2024 (Joe Giddens/PA) - (PA Archive)

Nearly one-tenth more companies went insolvent in England and Wales in March than the same time last year, according to new figures.

The number of registered firms that went bust was 1,992 last month, according to the Insolvency Service, a 2% fall compared with February but a 9% increase compared with March 2024.

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