To ask the Secretary of State for Business, Energy and Industrial Strategy, what forecast his Department has made of the potential change in the level of individual insolvencies over the next 12 months.
14 March 2022
The Department does not produce any official forecasts for individual insolvencies. The Insolvency Service does, however, undertake analysis to assist with operational planning.
Over the last year individual insolvencies have begun returning to levels seen prior to the pandemic and this trend is expected to continue over the next 12 months.