New insolvency analysis from Office of National Statistics

Figures on personal insolvency have been analysed by the Office of National Statistics to produce an “insolvency map” for the whole of England and Wales.

Produced principally for those responsible for regional and local economic policy, the picture nevertheless paints a picture of what personal insolvency looked like across England and Wales in 2011.

The analysis shows, for example, that seaside towns are at higher levels of individual insolvency, while London has the lowest levels. 

It also demonstrates that, while women are generally less likely than men to become insolvent than men, this is not the case in the North East of England, where women lead the way in all age groups except 35-44 (the largest age group for insolvencies of either gender) and the over-65s.

For more information, click here