HC Deb 11 November 1985 vol 86 cc42-3W
Mr. Weetch

asked the Secretary of State for Trade and Industry what is the number of firms taken into receivership in East Anglia during each of the last five years.

Mr. Butcher

The available information relating to insolvencies is given in the table.

Bankruptcies: County Courts in East Anglia
Year Number
1980 150
1981 187
1982 216

Year Number
1983 306
1984 304
1985* †240
*vv To September.
† Provisional.

The bankruptcy figures cover all individuals and partnerships: in England and Wales as a whole approximately three quarters of all bankruptcies relate to unincorporated businesses. Receiving orders and administration orders are included: the total is the net number of cases administered after consolidations and rescissions. The number of bankruptcies since 1 October 1984 may have been reduced compared with earlier periods because of increases in monetary limits on bankruptcy proceedings and deposits on petitions.

Figures for company liquidations are not analysed by area.