Corporate insolvencies - liquidations and receiverships - in Scotland during the third quarter of 2022 increased by 13.3% year-on-year.
The latest Accountancy in Bankruptcy (AiB) register data also showed that personal insolvency numbers - bankruptcies and protected trust deeds - in Scotland decreased by 4.9% year-on-year.
The quarterly and yearly rise in corporate insolvencies was largely driven by an increase in compulsory liquidations, which have increased by 72% from the same time last year.
