§ 28. Mrs. Bridget Prentice
To ask the President of the Board of Trade what is(a) the current monthly rate of business failures and (b) the total number of business failures since April 1992. 
Mr. John M. Taylor
In the third quarter of 1996 there were, on a seasonally adjusted basis, 1,369 compulsory liquidations, 2,054 creditors' voluntary liquidations and 6,657 bankruptcy orders.
Since the beginning of April 1992 there were, on a seasonally adjusted basis, 31,691 compulsory liquidations, 49,090 creditors' voluntary liquidations and 141,607 bankruptcy orders.