The number of insolvency-related activities in Scotland has reached its highest level this year, according to new research from R3, the insolvency and restructuring trade body.
Its analysis of data provided by Creditsafe shows there were 122 cases of insolvency-related activity - which includes liquidator appointments, administrator appointments and creditors’ meetings - in Scotland during April.
These figures were the highest since December 2022 - when 142 cases were recorded - and 11.9% higher than March’s total of 109.
