OrganisationGB
Insolvency Service
The UK government agency administering insolvency law and statistics.
Last refreshed: 27 July 2026 · Appears in 1 active topic
Key Question
Personal insolvencies are rising while company failures fall, so who is actually under strain?
Timeline for Insolvency Service
#1 29 Jun
Reported the individual insolvency rate rising to 27.1
Is Britain Actually Broke?: One adult in 369 went formally insolvent#1 29 Jun
Reported the company insolvency rate falling to 50.5
Is Britain Actually Broke?: Company failures fell to 44% of 2008 peakBackground
The Insolvency Service is the UK Government agency that administers insolvency law and publishes the official insolvency statistics. It recorded an individual insolvency rate of 27.1 per 10,000 adults in the twelve months to 30 June 2026, up from 24.2 a year earlier, while the company insolvency rate fell to 50.5 per 10,000 companies, down from 52.4 and well below the 2008-09 recession peak of 113.1.
Common Questions
Are personal insolvencies rising in the UK?
Yes. The Insolvency Service recorded 27.1 individual insolvencies per 10,000 adults in the year to 30 June 2026, up from 24.2.Source: Insolvency Service
Are UK company insolvencies rising or falling?
Falling. The company insolvency rate dropped to 50.5 per 10,000 companies, down from 52.4, and remains FAR below the 2008-09 peak of 113.1.Source: Insolvency Service
What does the Insolvency Service do?
It is the UK Government agency that administers insolvency law and publishes the official personal and company insolvency statistics.
How does today's insolvency rate compare with 2008?
The company insolvency rate of 50.5 per 10,000 is well under half the 2008-09 recession peak of 113.1.Source: Insolvency Service