Latest insolvency numbers show that after a long glide path down since 2009 corporate insolvencies appear to be set on an upward trend. The 15% rise in Q3 takes corporate insolvencies back to Q3 2015 levels and marks Q2 2016, just before the Brexit vote, as the low point. Meanwhile our Business Distress Index marches steadily higher suggesting further increases in corporate insolvencies to come. However, corporate insolvencies remain at historically low levels and apart from the exchange rate little has changed to affect that.
2017 Q3 graph (with gap between businesses in distress & National stats highlighted in yellow)