News story

2014 Insolvency statistics

Insolvency Statistics for October to December 2014 have been released.

Insolvency Stats

The latest data on company and individual insolvencies have been published today. The statistics show figures for both the last quarter of the year and the overall figures for the year.

The interim Chief Executive at the Insolvency Service, Graham Horne, said:

Today’s figures show the lowest number of personal insolvencies for some years. It is also good to see that more debtors have been able to reach agreements with those to whom they owe money through the use of Individual Voluntary Arrangements (IVAs).

Corporate insolvencies have also dropped, especially the number of administrations, which are at their lowest since 2004.

Insolvency Statistics: October to December 2014

Published 29 January 2015