Scottish corporate insolvencies rose 28% in the second quarter, when compared to the same period last year – driven by a more than 143% rise in compulsory liquidations.
The figures compiled by Accountant in Bankruptcy (AiB), an executive agency of the Scottish Government, also showed that the number of corporate insolvencies - liquidations and receiverships - increased by 10.7% compared with the previous quarter.
There were 2,069 personal insolvencies during the second quarter of 2022 - up 7.7% year-on-year.
.jpg?w=600)
