- Latest figures from the Accountant in Bankruptcy (AiB), released just a few hours before the Budget, show there were 250 corporate insolvencies registered in Scotland in the third quarter of 2026, down from 298 cases in the same period last year, a 16% drop. The number of compulsory liquidations fell from 134 to 119 in the quarter to the end of September while creditors’ voluntary liquidations decreased by 20% over the same period.
James Fennessey (pictured), Corporate Insolvency Partner at international accountancy and business advisory group Azets, said: “These latest figures offer some encouragement that the trend is going in the right direction, but it would be premature to interpret them as a sign that conditions have become…