As the saying goes, the devil is in the detail. It is tempting to be cautiously optimistic, with the recent Scottish company insolvency figures released by the Insolvency Service showing a 23 per cent reduction in August 2026 compared to August 2025, writes Stuart Clubb.
Following a period of elevated insolvency activity, the Accountant in Bankruptcy (AiB) figures (April-June) also showed a year-on-year 27.7 per cent fall in corporate insolvencies.
However, the stark fact remains that corporate insolvencies remain above pre-pandemic levels and many businesses continue to operate in a challenging economic environment. As if to underline this undercurrent of financial pressure…