Latest insolvency data indicate that corporate insolvencies in England and Wales rose to 2,085 in April 2026, up 2% from 2,037 in March and 3% higher than April 2025. The total was the highest since June 2024 and comprised 371 compulsory liquidations, 1,510 creditors’ voluntary liquidations, 183 administrations, 20 company voluntary arrangements and one receivership appointment. Late payment is also affecting cash flow; R3’s Business Health Report revealed that more than 1.5 million businesses are affected by late payment, with a minority of firms now delaying payment as an embedded business practice. To read R3’s news release, go to https://www.r3.org.uk/press-policy-and-research/news/more/32826/page/1//.