The annual number of restaurant failures in Scotland rose from 19 in 2007 to 73 in 2017, according to analysis of Insolvency Service data by business advisers French Duncan.

It represents close to a four-fold increase in a decade, with 76 restaurants having closed in the first six months of this year already, according to a report on the BBC.

Eileen Blackburn, head of restructuring and debt advisory, at French Duncan, said: “That the number of failures has almost quadrupled over the last decade is alarming but that the rate of failure is increasing is extremely worrying.

“Of more concern is that these figures are likely to be the tip of the iceberg as far as restaurant closures are concerned,” she added.

“Far more restaurants close without entering into a formal insolvency process so the numbers struggling on a day-to-day basis must be huge.

“The numbers closing voluntarily at a financial loss must be enormous and show just how competitive this market is.”