It pointed to the annual figure for Protected Trust Deeds (PTDs) in Scotland - where personal assets are transfered to a trustee to sell to pay creditors.

BBC: 'Record number' of Scottish firms go bust

And the accountancy firm PKF has warned that the number of more affluent Scots going bust remains very high illustrated by the number of people opting for Protected Trust Deeds.

BBC: Sharp fall in Scots bankruptcies

The firm then analysed the most recent data from the Edinburgh Gazette, the official journal of insolvency where all personal bankruptcies must be listed, and found that in the three weeks before Christmas there were 1, 661 sequestrations and 657 protected trust deeds taken out.

BBC: Scots bankruptcy rise predicted