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Record number of debt relief orders highlights financial struggles in England and Wales

Mar 17, 2026, 12:22 PM10
(Update: Mar 17, 2026, 12:22 PM)
an executive agency of the Department of Business Innovation and Skills with headquarters in London
country in north-west Europe, part of the United Kingdom
country in north-west Europe; part of the United Kingdom

Record number of debt relief orders highlights financial struggles in England and Wales

  • February 2026 saw a record high of 4,210 debt relief orders in England and Wales.
  • Total personal insolvencies reached 11,609, marking an 18% increase compared to February 2025.
  • The rising number of insolvencies indicates that many households are facing severe financial difficulties.
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