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Monthly Insolvency Statistics and Stats – May 2021

MIXED FINANCIAL NEWS There has been a mix of economic news in the last couple of weeks – some good and some not so. The unemployment figures for May 2021, released on Tuesday, 15 June, show the number of payroll employees rose by 197,000 to 28.5 million, the sixth...
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INSOLVENCY STATISTICS – APRIL 2021 Liquidations, Administrations and Company Voluntary Arrangements have decreased

The Insolvency Service released the monthly insolvency statistics for April 2021 today. The figures contain a comparison between April 2021 and April 2020, the first full month after the commencement of the first lockdown in March 2020. There has been a significant...
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“BREATHING SPACE” FOR INDIVIDUALS DEALING WITH PERSONAL DEBT PROBLEMS

On 4th May 2021, a government initiative entitled “Breathing Space” came into effect, the stated aim being to help people who are struggling to deal with personal debt. The goal is to allow a period of 60 days to take advice and buy time without the stress and worry...
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MORE UNCERTAINTY AND NERVOUSNESS AS STOCK MARKETS FALL

After much publicity and fanfare about stock market rises in the weekend press and following the FISE 100 hitting a post-pandemic high of 7,164 on Monday, the index has retreated back to 6,980 today, (Tuesday 1.00pm). The US Nasdaq was down 2.6% on Monday and in...
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