§ 42. Sir C. Osborneasked the Chancellor of the Exchequer how many bad debt and business failures occurred in the second quarter of 1969 and 1968, respectively; and how far he estimates the increase is due to the incidence of the selective employment tax and high interest rates.
§ Mr. TaverneLiquidations and bankruptcies in England and Wales in the second quarter of 1968 numbered 3,154. The provisional figure for the second quarter of 1969 is 3,239. It is not possible to isolate the causes of business failures.