North West insolvency-related activity hits 25-month high, R3 research shows
Insolvency-related activity in the North West hit a 25-month high in April 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
Insights
Insolvency-related activity in the North West hit a 25-month high in April 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
The total number of overdue invoices on the books of North West businesses hit more than 1.8 million in Q1 2025, according to new research from R3, the UK’s insolvency and restructuring trade body.
The number of insolvency-related activities in the North West has reached its lowest level for 12 months, according to new research from R3, the UK’s insolvency and restructuring trade body.
2024’s insolvencies have been driven by another year of high costs and a series of political, economic and geopolitical events which have taken a toll on businesses in England and Wales.
In November 2024, corporate and personal insolvencies in England and Wales increased compared to October, highlighting rising financial pressures.
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