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Evening Standard
Evening Standard
Vicky Shaw

Women more likely to become financially insolvent than men

England Wales The Insolvency Service
Women have been more likely than men in England and Wales to go financially insolvent since 2014 (picture posed by model/Dominic Lipinski/PA) - (PA Archive)

The rate of women going financially insolvent in England and Wales has been higher than the rate for men for more than a decade, according to Insolvency Service figures.

The female insolvency rate (26.5 per 10,000 adults) was higher than the male rate (22.1 per 10,000) in 2024, marking the 11th year in a row that this has happened.

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