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Corporate Finance

Corporate insolvencies decreased by 18.9% in December 2023

The company insolvencies consisted of 153 compulsory liquidations, 1,731 creditors’ voluntary liquidations (CVLs), 103 administrations and 15 company voluntary arrangements

Corporate insolvencies decreased by 18.9% in December 2023 to a total of 2,002 compared with November’s total of 2,470, and increased by 1.9% compared with December 2022’s figure of 1,965, according to the latest figures from the Office for National Statistics (ONS).

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