HC Deb 23 May 1988 vol 134 cc4-5W
Mr. Holland

To ask the Chancellor of the Duchy of Lancaster how many private sector manufacturers were declared bankrupt in(a) England and Wales and (b) Great Britain in each year since and including 1979.

Mr. Maude

The information that is available for insolvencies in manufacturing is given in the table:

Bankruptcies1 England and Wales Company Liquidations2 England and Wales Company Liquidations2 Great Britain
1979 137 1,039 1,103
1980 143 2,095 2,190
1981 192 2,676 2,806
1982 208 4,058 4,217
1983 263 4,171 4,298
1984 387 4,457 4,599
1985 3295 4,837 4,981
1986 277 4,776 4,884
1987 4202 3,579 3,700
1 Bankruptcy orders, receiving orders and deeds of arrangement.
2 Compulsory plus creditors' voluntary liquidations.
3 Not comparable with earlier years because of changes in legislation effective from October 1984 which have reduced the number of bankruptcies.
4 January to September only.

Mr. Holland

To ask the Chancellor of the Duchy of Lancaster how may private building contractors were declared bankrupt in(a) England and Wales and (b) Great Britain in 1985, 1986 and 1987.

Mr. Maude

The information that is available for insolvencies in the construction industry is given in the table:

Bankruptcies1 England and Wales Company Liquidations2 England and Wales Company Liquidations3 Great Britain
1985 788 1,975 2,069
1986 801 1,914 2,018
1987 3487 1,447 1,520
1 Bankruptcy orders, receiving orders and deeds of arrangement.
2 Compulsory plus creditors' voluntary arrangements.
3 January—September only.

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