New data from Creditsafe has found that February’s insolvency data paints a picture of both struggle and resilience. 2,364 businesses across the UK and Northern Ireland declared insolvency in February 2025 — a 28% rise from January but 10% lower than the same time last year. Creditsafe notes that it’s a mixed signal: while the month-on-month surge suggests ongoing financial strain, the year-on-year dip hints that some businesses are finding ways to adapt. The construction sector continues to top the table, accounting for 19% of all insolvencies. Continued supply chain disruptions, escalating material and labour costs, and weak demand continue to batter the industry, and Creditsafe warns that the impact of new tariffs could intensify these issues and push more businesses to the brink.
To view Creditsafe’s findings, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html.