Scottish business insolvencies increase by 29%

29th October 2021 Business | #business insolvencies

The number of business insolvencies (liquidations and receiverships) in Scotland rose by 29.4% to 211 in July-September 2021 compared with April-June 2021 (163), and rose by 80.3% compared to July-September 2020 (117) according to latest Accountant in Bankruptcy (AiB) figures. Creditors’ Voluntary Liquidations rose to 179 for July-September 2021 – an increase of 35.6% on the…

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Business insolvencies rose in September

18th October 2021 Business | #business insolvencies

The number of businesses in England and Wales that failed last month was the largest since the pandemic began, with Insolvency Service data showing that 1,446 company insolvencies were logged in September.  Business insolvencies increased by 7.2% in September 2021 compared to August’s figure of 1,349, and increased by 55.8% compared to September 2020’s figure…

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