UK: A Post-Election Reality Check

6/9/2017 - Infographic and chart
ic_blogtagInsolvency and Payment RiskUnited KingdomBrexitEuropean Union (EU)InsolvencyTrade

​Insolvencies could soar in two years

Independently of the UK election results, insolvency levels will rise sharply if the British government fails to agree on a transition deal with the European Union. 

  • Exiting the EU on World Trade Organization (WTO) terms after the two-year negotiating period finishes will result in 3,300 additional British companies falling into bankruptcy. 
  • This will bring the total up to 25,100 companies.