AiB Statements on Expenditure 2024-25

The expenditure relating to public relations is summarised under the following headings. 

Public relations - £90,697

The total represents expenditure for AiB Communications team on external communications, including the cost of staff, printing and publication of guidance, reports and corporate documents, website maintenance costs, marketing, branding and design and promotional events.

The role of AiB is to deliver, with stakeholders, a range of options for individuals seeking debt relief and debt management. This role places AiB uniquely at the centre of the sector in Scotland and how we engage with stakeholders is increasingly recognised as vital to that role.

Expenditure on Public Relations reflects the need to engage with stakeholders as part of AiB’s role.

Overseas travel - £1,445

The total relates to the Accountant in Bankruptcy’s attendance at the IAIR Annual conference and a visit to the office of the Superintendent of Bankruptcy in Washington and Ottowa respectively in September 2024.

Hospitality and entertainment - £3,267

The total represents expenditure on hospitality and entertainment incurred by AiB. We regularly engage with stakeholders in order to build strong relationships, share views and attain feedback of the main issues affecting the Scottish debt relief sector.   

External consultancy - £5,761

The total represents expenditure on consultancy incurred by the AiB. In 2024-25, consultancy costs were incurred for an independent review of statutory debt solutions, which is currently in progress.