he latest Insolvency statistics released by the UK Government show that the number of registered company insolvencies in September 2021 was 56% higher than September last year. This is the largest number of company insolvencies since before the pandemic began, with the number of insolvencies now just 4% lower than the number registered in September 2019. However, according to an analysis by Darcey Quigley & Co, this figure is about to increase dramatically, with a “perfect storm” of different factors that will push struggling businesses “over the edge.” This includes the lifting of the temporary ban on winding up petitions, the removal of fiscal support from the Government and supply chain bottlenecks, as well as the backlog of “normal run-rate” insolvencies from Q2 and Q3 2020 “that will only begin to hit now.” To read Darcey Quigley & Co’s news release go to https://www.darceyquigley.co.uk/corporate-insolvencies-are-rising/.