§ Mr. LlwydTo ask the Secretary of State for Trade and Industry how many businesses registered for bankruptcy in(a) London, broken down by borough and (b) Wales, broken down by local authority, in each of the past three years. [158038]
§ Mr. Sutcliffe[holding answer 3 March 2004]: Insolvency figures are only available on the basis of the Official Receivers Office dealing with the cases, therefore it is not possible to identify precisely insolvencies in London or Wales. Both company and individual insolvencies are included in the following table, as the individual bankruptcy figures only include the self-employed along with consumer bankruptcies. Company 1277W insolvencies are made up of Company Compulsory Liquidations and Creditors Voluntary Liquidations of which only Company Compulsory Liquidations are available on an Official Receivers Office basis. The table
2001 2002 2003 Individual bankruptcies and Company Compulsory Liquidations registered at the Official Receivers Office in London
Individual bankruptcies 1,427 1,457 1,933 Company Compulsory Liquidations 911 1,147 864 Individual bankruptcies and Company Compulsory Liquidations registered at the Official Receivers Offices in Cardiff and Swansea Individual bankruptcies 951 1,018 1,054 Company Compulsory Liquidations 167 184 169