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South East Insolvency-Related Cases Climb 10% in September to 187

R3 cites persistent cost pressures alongside slower borrowing‑cost relief, with many firms waiting for the 26 November budget.

Overview

  • The rise to 187 cases reverses August’s 8.1% decline and stands 8.1% higher than a year earlier.
  • The region recorded the sixth‑highest level in the UK, as eight regions fell while Wales, Northern Ireland and Scotland also increased.
  • R3 highlights higher energy and materials costs, cautious consumer demand, creditor pressure and slower reductions in borrowing costs as key stresses.
  • Creditsafe data show overdue invoices edged down from 57,935 in August to 57,558 in September, while start‑ups rose to 6,406, up 15.8% year on year.
  • R3 urges business owners to seek early advice from regulated professionals, noting many members offer an initial consultation free of charge.