Corporate insolvencies in Scotland fall by 16 per cent

Compulsory liquidations fell from 134 to 119, while creditors’ voluntary liquidations also declined during the same period. However, James Fennessey, corporate insolvency partner at Azets, an international accountancy and business advisory group, warned that the improvement should not be seen as a sign of an easier trading environment. Mr Fennessey said: “These latest figures offer…