Corporate insolvencies in Scotland have dropped by 16%, offering a glimmer of hope for businesses under strain.
New data from the Accountant in Bankruptcy (AiB) recorded 250 corporate insolvencies in the third quarter of 2026, down from 298 in the same period last year.
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 some encouragement that the trend is going in the right direction, but it would be premature…