Scottish businesses continued to navigate a hostile economic landscape in 2025, with the latest figures revealing a year-on-year rise in corporate insolvencies.
Data from the Accountant in Bankruptcy (AiB) indicates that 1,272 corporate insolvencies were registered in 2025, a marginal increase from the previous year. However, the year concluded with a sharp spike, as December figures were up 35% compared to December 2024.
Blair Milne, a corporate insolvency partner at Azets, described the trend as clear evidence of a “volatile and uncertain operating environment” that is becoming the norm.
He said: “For many, continuing to trade after years of economic and political…

