The number of insolvent companies in England and Wales rose to 4,320 in the second quarter of 2019, the highest in more than five years, from 4,212 in the previous period. Bankruptcies in the United Kingdom averaged 3637.35 Companies from 1975 until 2019, reaching an all time high of 6919 Companies in the fourth quarter of 2008 and a record low of 924 Companies in the second quarter of 1979.
Bankruptcies in the United Kingdom is expected to be 4800.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in the United Kingdom to stand at 5100.00 in 12 months time. In the long-term, the United Kingdom Bankruptcies is projected to trend around 4800.00 Companies in 2020, according to our econometric models.