HC Deb 02 February 1976 vol 904 c461W
Mr. Adley

asked the Secretary of State for Trade how many firms went bankrupt during 1970, 1971, 1972, 1973 1974 and 1975.

Mr. Clinton Davis

The numbers of receiving orders and orders of administration under Section 130 of the Bankruptcy Act 1914 made in England and Wales and of sequestration orders made in Scotland for the relevant periods are as follows:

Receiving Orders and Orders of Administration Sequestration Orders
1970 4,907 112
1971 4,643 108
1972 4,244 116
1973 3,817 96
1974 5,608 104
1975* 7,166 145
* Provisional.

The partnerships (firms) included in those figures are not readily distinguishable and I shall reply further to the hon. Member as soon as possible.

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