Mr. Ron Brownasked the Secretary of State for Trade and Industry how many companies were declared bankrupt in 1979, 1980, 1981, 1982 and 1983, respectively.
§ Mr. FletcherBankruptcies and company liquidations in England and Wales in these years were published inBritish Business, 26 October 1984. Figures for Scotland are as follows:
Sequestrations* Company liquidations† 1979 106 238 1980 150 379 1981 181 438 1982 213 503 1983 282 521 * Equivalent to bankruptcies in England and Wales and covers all individuals and partnerships. † Compulsory plus creditors voluntary — the two types which involve insolvency.