22 April 2026 – David Alexander, head of debt recovery at full-service law firm Gilson Gray, said: “The latest figures point to a clear increase in both personal and corporate insolvencies across Scotland, with rises of around 20% and 28% respectively compared with the same period last year. That reflects the continued pressure we are seeing on the ground, as higher borrowing costs, ongoing repayments from pandemic-era support, and wider cost pressures continue to weigh on both households and businesses.
“On the personal side, the increase in bankruptcies and protected trust deeds, alongside a notable rise in moratorium applications, suggests more individuals are reaching the point where they…