Scottish corporate insolvencies fall 16% year-on-year
Scottish corporate insolvencies decreased 16% year-on-year during the second quarter, from 298 to 250.
The latest statistics from Scotland's insolvency service Accountancy in Bankruptcy also showed that creditors’ voluntary liquidations decreased by 20.1%, while compulsory liquidations decreased from 134 to 119.
There were 81 members’ voluntary liquidations in the second quarter this year, compared with 92 during the same period last year - a decrease of 12%.
Corporate insolvencies remain above pre-pandemic levels, but fe... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
