SCOTTISH businesses are, on average, faring worse than their peers in most other parts of the UK in terms of falling profits and sales, according to the latest quarterly survey from insolvency professionals' trade body R3.
The survey found 8% of businesses in Scotland were able to pay the interest on their debts but not reduce the debt itself.
R3 said this equated to about 14,000 "zombie businesses".
The 8% figure was the same in Scotland as in the UK as a whole, in which R3 calculated there were 146,000 "zombie" firms.
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