The number of insolvency-related activities in the South West has reached its highest recorded figure since March 2022's total of 295.
According to new research from the insolvency and restructuring trade body R3, the region reached its highest level for 11 months. R3's analysis of data provided by Creditsafe shows there were 151 cases of insolvency-related activity in the South West in February.
Insolvency-related activity, which includes liquidator appointments, administrator appointments and creditors’ meetings, increased by 38.5% in February when compared to the previous month’s total of 109.
