Insolvency and corporate recovery practice Inquesta has strengthened its team with the appointment of Peter Connor, who has over 25 years’ experience in the field.
Peter has joined Inquesta as a business development manager. He has previously worked in similar roles at firms including Begbies Traynor and Leonard Curtis.
His arrival at Inquesta follows the recent appointments of Jeffrey Cheung and Alex Kay as senior insolvency administrators.
During his career, Peter has dealt with numerous types of insolvencies, including administrations, receiverships and liquidations.
His arrival at Inquesta, which has its headquarters in Radcliffe, Greater Manchester, comes amid rising corporate insolvencies across England and Wales.
The latest official figures showed that there were over 2,300 company insolvencies in October, an increase of 18 per cent on the same month last year and 17.6 per cent higher than the September figure.
In the third quarter of this year, there were 6,319 corporate insolvencies, an increase of 10.2 per cent compared with the same period of 2022 and the highest figure for the period in more than two decades.
Steven Wiseglass, director of Inquesta, said: “Peter has worked in the corporate rescue and recovery field for 27 years and has built an excellent reputation and strong connections.
“He has a great track record and proven business acumen, and he is a great addition to the practice alongside Jeffrey and Alex as we develop our team in line with the growing demand we are seeing for our services.
“Businesses across a range of sectors are facing a make-or-break period and are in urgent need of assistance to provide innovative solutions to overcome their financial adversity and produce the best possible outcomes for stakeholders.”
Peter said: “I’m delighted to have joined Steven and the rest of the Inquesta team at a time when the number of insolvency instructions continue to rise.
“I’m excited by the challenge of the role and to build on the relationships I’ve established over the years.”
