KPMG reported the above for the three months to 30th September with total insolvencies down from 255 to 193. Back in July their previous survey reported insolvencies down by 27% on the previous year. No comparison with other parts of the UK was offered but a report in April, from Red Flag Data, had shown, for rUK, signs of business distress up 17% since the last quarter of 2016 and up 7% year on year while in sharp contrast signs of business distress in Scotland were down 8% on the last quarter of 2016 and down 28% year on year.
The KPMG report for Quarter 3 comes on top of a number of positive indicators of robust health in the Scottish economy such as being ranked the best place in the UK to start a business. See:
Now I know that the Scottish economy only grew by 0.1% in the second quarter much to the delight of the media and the unionist politicians but remember it had already grown by 0.8% in the first quarter, four times the rate of the rUK economy. See:
Remember also, only the Scottish economy has a trade surplus and its growing. See:
If you need or anyone you know needs more convincing, try searching this blog for words like ‘economy’ and ‘trade’ and you’ll see dozens of earlier reports on these and many other indicators of an economy thriving well in excess of the rest of the UK.