HC Deb 16 July 1986 vol 101 cc527-8W
11. Mr Ron Brown

asked the Secretary of State for Trade and Industry how many firms were declared bankrupt in 1984, 1985 and 1986 to date.

Mr. Howard

Bankruptcies in Great Britain in 1984 arid 1985 were 8,521 and 7,074 respectively. Provisionally, there were 3,221 in the first five months of 1986. Unincorporated businesses usually account for between 75 and 80 per cent. of total bankruptcies.

46. Mr. Rogers

the Secretary of State for Trade and Industry if he will indicate how many bankruptcies have taken place in the last 12 months.

Mr. Howard

The provisional number of bankruptcies in England and Wales for the period 1 June 1985 to 31 May 1986 is 6,936. The figure includes receiving orders and administration orders.