HC Deb 10 July 1975 vol 895 cc273-4W
Mr. Richard Wainwright

asked the Secretary of State for Trade how many sole traders have been declared bankrupt since 1st March 1974; and what percentage this represents of the total number of sole traders registered under the Business Names Act.

Mr. Clinton Davis

The relevant figures most readily available are of receiving orders made in England and Wales against self-employed persons and individuals or partnerships carrying on business on their own account and are as follows:

1970 3,578
1971 3,490
1972 3,115
1973 2,469
1974 3,387
Period 1.1.75 to 31.3.75 1,101

The percentage of those in the Business Names Register cannot be given as the register is concerned only with those trading under a name other than their own.