Creditsafe reports that 2,343 businesses across the UK and Northern Ireland entered insolvency in May 2026, a 2% increase from April but 7% lower than in May 2025. The rise follows a dip in April and is more modest than the increases recorded in February and March, with the overall pattern broadly consistent with last year. However, insolvency levels remain high by historical standards, as businesses continue to face rising operating costs, supply chain disruptions linked to geopolitical tensions, high interest rates, and weak consumer demand. Construction was the most affected sector, with 387 insolvencies (17% of all business failures that month). Creditsafe also highlights continuing pressure on the UK high street, citing Radley’s pre-pack administration and Quiz Clothing’s plan to close its remaining UK stores. To read Creditsafe’s news release, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html.