Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show

Patisserie Valerie enters administration. 29/1/2019. Patisserie Valerie has entered administration after the failure of rescue talks with banks. The cake chain, which is unable to pay its debts, reported uncovering “significant, and potentially fraudulent, accounting irregularities” in October, with a

Bankruptcies hit six-year high. 29/1/2019. Bankruptcies hit six-year high.  The number of people going bust has jumped to at least a six-year high, according to new figures from the Insolvency Service. Insolvency specialists RSM expect the figures will show more

Scots business failures jump by fifth The number of Scottish business failures in 2018 rose 21% year-on-year, from 780 to 945, according to analysis of the latest official figures from the Accountant in Bankruptcy (AiB). It marks the highest annual

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