Number of people struggling with debts rising as ‘breathing space’ requests up

Around 8,033 breathing space registrations were recorded in March 2025, up is 4 per cent from the same time last year - (Getty Images)

There was an increase in the number of people needing ‘breathing space’ from their debts in March compared with the same month last year, new figures from the Insolvency Service show.

There were 8,033 breathing space registrations across England and Wales in March 2025, which is four per cent higher than in March 2024.