Statistics showing insolvencies in the fourth quarter 2001 are
published today (1 February) by the Department of Trade and Industry.
There were 3,798 company insolvencies in England and Wales in the
fourth quarter of 2001 on a seasonally-adjusted basis. This was an
increase of 1.8% on the previous quarter and an increase of 2.6% on
the same period a year ago.
1.1% of active companies became insolvent in the twelve months ended
Q4 2001, the same as the previous quarter and the corresponding
quarter in 2000.
Number of Insolvencies in England and Wales (seasonally adjusted)