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The overall rate of personal insolvencies in Scotland, which include both bankruptcies and protected trust deeds, has decreased by a quarter in the last financial year from 25.13 per 10,000 adults to 19, according to latest figures.

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Galloway’s work at the Sir Chris Hoy Velodrome in Glasgow Dundee engineering firm Galloway Group was given “significant financial support” by the Scottish Government before it entered administration, it has been revealed.

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Robin Knox Intelligent Point of Sale, the young Scottish start-up that developed the UK’s first cloud-based, iPad electronic point of sale (EPOS) app, expects to see more than £4 million and 750,000 transactions handled through its software at this year’s Edinburgh Fringe Festival.

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Scotland is seeing a rise in graduate recruitment but businesses have warned over the quality of careers guidance and university leavers’ readiness for the world of work, a new survey carried out by the CBI has found.

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BDO, the liquidators of the original incarnation of Glasgow football club, Rangers, has revealed that the cost of the liquidation process of the club has risen by almost £2.2 million since April last year, hitting the overall amount that can be made available to its creditors.

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