THE number of Scottish businesses going into insolvency has jumped by a fifth year-on-year, according to analysis ...
The firm analysed notices in The Gazette, the UK’s official public record, and found that the Scottish data also reflects a UK-wide trend.
Alistair McAlinden, the managing director and head of Interpath Advisory in Scotland, said: “The number of insolvencies continues to creep up, but nevertheless, remains around pre-pandemic levels. Interpath Advisory said that the rising number of insolvencies can be seen across a wide range of sectors, with companies operating in the retail, building and construction, professional services, and real estate industries affected.
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