Corporate Finance

Corporate insolvencies jump 18% in October

Company insolvencies consisted of 256 compulsory liquidations, 1,889 creditors’ voluntary liquidations (CVLs), 146 administrations, 23 company voluntary arrangements (CVAs) and one receivership appointment

Corporate insolvencies increased by 17.6% in October 2023 to a total of 2,315 compared to September’s total of 1,969, and increased by 18.5% compared to October 2022’s figure of 1,954.

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