Scottish business insolvencies increase by 13%

14th December 2022

Business

Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 13% in November 2022.

There were 118 business insolvencies registered in Scotland, 13% higher than the number in November 2021 and 36% higher than in November 2019.

The business insolvencies comprised of 42 compulsory liquidations, 72 CVLs, three administrations and one CVA.

There were no receivership appointments.

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Scottish business insolvencies increase by 13%

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