Emma Widdowson – Chair of R3 in Scotland
New official statistics published by Accountant in Bankruptcy (AiB) for the second quarter of 2025 show a decrease in both corporate and personal insolvencies in Scotland.
However, restructuring and insolvency body R3 has warned that the headline figures mask rising financial distress for businesses and individuals amid significant economic uncertainty.
Corporate insolvencies fell to 298, a 5% decrease compared to the same period last year and a 10% drop from the previous quarter. Despite this, Emma Widdowson, chair of R3 in Scotland, noted that ongoing…