In July, there were 116 company insolvencies registered in Scotland, slightly lower than the number during the same month last year, Business Insider reported. The total number of company insolvencies was comprised of 68 company voluntary liquidations, 43 compulsory liquidations, four administrations and one company voluntary arrangement. There were no receivership appointments. The latest figures from Accountant in Bankruptcy, Scotland’s insolvency service, also showed that between 26 June 2020 and 31 July 2025, there were three restructuring plans and one moratorium.
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An administrator's report on a collapsed English law firm shows that its problems were exacerbated by issues resulting from cyber-attacks. Glaisyers LLP was established in Birmingham more than 150 years ago, but had been insolvent for some time before entering administration earlier this month, according to the Law Society Gazette of England and Wales. Before administration, the firm operated a property department that was subject to a cyber-attack. This increased claims on the firm’s professional-indemnity insurance policy, causing premiums to jump.
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European exports to the U.S. continue to slow sharply, underscoring the drag the continent’s trade faces from President Trump’s trade tariffs, the Wall Street Journal reported. Exports to the U.S. from the 27 nations that make up the European Union dropped 10% on year in June to hit their lowest level since the end of 2023, at a little over 40 billion euros ($46.8 billion,) according to figures released Monday by statistics agency Eurostat. The bloc’s overall trade surplus shrank to just 1.8 billion euros, down from 12.7 billion euros a month earlier.

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Switzerland is seeing a more than fivefold surge in mergers and acquisitions that’s outpaced most of its European peers, giving bankers hopes for a lucrative payout this year, Bloomberg News reported. The volume of takeovers targeting Swiss companies has jumped 465% to $16.7 billion so far this year, according to data compiled by Bloomberg. Private equity firms are particularly active, with Advent announcing late Sunday it has agreed to acquire Zurich-listed chipmaker U-blox Holding AG in a deal valued at 1.05 billion Swiss francs ($1.3 billion).
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After months of financial turmoil, AC Ajaccio have filed for bankruptcy, losing their professional status for the first time in 27 years, YahooSports.com reported. According to Corse-Matin, the Corsican club submitted their declaration of insolvency on Monday at the Ajaccio commercial court. The decision comes after the board failed to attract investors or cover an estimated €13m deficit. The move will result in the loss of around 180 jobs and the closure of the club’s training centre, which was named the best in Ligue 2 as recently as May. Ajaccio’s immediate future remains unclear.
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The number of bankruptcies in the Netherlands dropped significantly in July. According to Statistics Netherlands, a total of 299 companies were declared bankrupt in July, which is 109 fewer than during the same period last year, a drop of 27 percent. It was also 4 percent fewer than in June, NLTimes.nl reported. The bankruptcy rate, the number of bankruptcies per 100,000 companies, was 8.1 in July. A year earlier, 11.3 out of every 100,000 companies were declared bankrupt.
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Deutsche Pfandbriefbank AG is working on a debut significant risk transfer tied to billions of dollars of U.S. commercial real estate loans, Bloomberg News reported. The Garching-based bank is sounding out investors about the potential transaction. In June, PBB said it would discontinue its US business completely and planned to wind down, securitize or sell a portfolio of about €4.1 billion of US commercial real estate loans. Earlier this month it booked €314 million in charges linked to its decision to exit the U.S.
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Russia has quietly developed a crypto-fueled network of payments systems that's helped it evade Western sanctions over its war in Ukraine, BusinessInsider.com reported. That assessment comes from blockchain analytics firm Chainalysis, which said that it believes Russia had created a "shadow crypto economy" in the years following its invasion of Ukraine in order to sidestep financial punishment by the US and its allies. The report highlighted one crypto token in particular tied to Russian businesses trying to trade under the radar.
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Switzerland’s economic growth slowed sharply in the second quarter, as strong frontrunning of U.S. tariffs in the early part of the year unwound, raising the chance that the Swiss central bank will cut interest rates to below zero later this year, the Wall Street Journal reported. Gross domestic product rose 0.1% in the three months to the end of June, down from the 0.8% growth of the first quarter, statistical agency SECO said in a flash estimate on Friday. Growth in the first three months of 2025 was led by U.S.
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