Personal insolvencies jumped by 14% annually in 2024 across England and Wales

Personal insolvencies across England and Wales last year were 14% higher than in 2023, driven by debt relief orders jumping to a record high, according to the Insolvency Service. More from the Independent.

Meanwhile, company collapses in England and Wales fell last year, but compulsory liquidations soared to a 10-year high. More from the Independent.