Solomonic’s year-end analysis highlights key trends from 2024, revealing a sharp drop in Commercial Court activity, a slowdown in new group actions and a plateau in winding up petitions.

Solomonic data surfaces ongoing heightened activity levels in the Insolvency and Companies List, with the construction sector and consumer products worst hit by winding up petitions.

New Insolvency claims are flooding into the UK High Court, surpassing last year’s total and underscoring the severe economic challenges facing the nation.

Solomonic have launched the UK’s first analytics offering based on the claims, applications and petitions in the Company and Insolvency court.