Pantheon Macroeconomics

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  • The insolvency rate has plateaued above pre-pandemic levels but is unthreatening.
  • We see little indication that higher insolvency rates will lead to a sharp rise in unemployment.
  • Insolvency numbers will fall as businesses adjust to higher interest rates and GDP growth holds firm.

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Keywords for: 4 November 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence