Insolvency Guardian Media Centre
Latest data from Accountant in Bankruptcy has found that business insolvencies in Scotland decreased by 5% to 298 in 2025-26 Quarter 2 (Q2) from 313 in 2024-25 Q2.
Business insolvency numbers in Scotland for 2025-2026 Q2 decreased by 10% compared to last quarter.
Commenting on the latest insolvency stats, Emma Widdowson, chair of R3 in Scotland and legal director at Addleshaw Goddard, said “Whilst it’s good to see a slight overall decrease in today’s corporate and personal insolvency figures from Accountant in Bankruptcy (AiB), the executive agency of the Scottish Government, there has been an increase in creditor enforcement. Today’s figures are being published against a backdrop of ongoing uncertainty which…
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Officials also warned that disincorporation or bankruptcy each carry major long-term implications.
ISLETON, Calif. — It has been more than a year since the Isleton financial crisis began, and there is still no end in sight. City leaders met Tuesday evening for a presentation on the few paths available to climb out of debt, but none are simple, cheap or guaranteed to keep the city intact.
City Finance Director Jessica Bigby summarized the city’s position: Isleton originally carried about $5.1 million in debt; officials have reduced that to roughly $4.6 million. But Bigby warned the city’s options are limited.
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Exclusive: Government Debt Relief Fuels Delinquency Surge, Lawyer Ads 조선일보
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A music festival has been held for the last time after the company behind it announced it had gone into liquidation.
Standon Calling was first staged in the village of Standon, Hertfordshire, nearly 20 years ago, attracting thousands of festivalgoers, but has not been held for the past two years.
In an online post, organiser said: “We regret to announce that after 17 Standon Callings the 2023 Standon Calling will now prove to have been the last.”
Acts to have played the festival, first staged in 2006, include Charli XCX, Madness, Primal Scream and Bryan Ferry
In their online post, organisers…
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A bus operator serving Nottingham and Nottinghamshire has proposed to enter an insolvency process as it faces “challenging trading conditions”.
Community Transport for Nottingham (CT4N), which runs more than 20 local services, announced on Wednesday it had proposed a Company Voluntary Arrangement (CVA).
If the CVA is approved by creditors, the company said it would be able to preserve the jobs of about 75 employees and continue trading.
Managing director of the transport firm, Barry Allitt, said it had considered ceasing trading and entering liquidation, but believed it was not in the best interests of staff or the “wider community”.
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