HC Deb 24 October 1990 vol 178 cc204-7W
Mr. Alex Carlile

To ask the Secretary of State for Trade and Industry how many company liquidations there were in each of the years 1979 to 1989, and in 1990 to date; how many of these were in the retail sector of business; and if he will make a statement.

Insolvencies—England and Wales
Companies
Compulsory liquidations Creditors' voluntary liquidations Total Retailing
1979 2,064 2,473 4,537 501
1980 2,935 3,955 6,890 675
1981 2,771 5,825 8,596 928
1982 3,745 8,322 12,067 1,385
1983 4,807 8,599 13,406 2,214
1984 5,260 8,461 13,721 2,096
1985 5,761 9,137 14,898 2,159
1986 5,204 9,201 14,405 1,970
1987 4,116 7,323 11,439 1,436
1988 3,667 5,760 9,427 1,086
1989 4,020 6,436 10,456 1,039
1990 1st half 2,553 4,130 6,683 n/a

Insolvencies—Scotland Companies
Compulsory Liquidations Creditors' Voluntary Liquidations Total Retailing
1979 56 182 238 40
1980 135 244 379 54
1981 158 280 438 50
1982 177 326 503 51
1983 263 258 521 97
1984 272 251 523 87
1985 306 231 537 99
1986 299 212 511 96
1987 253 203 456 92
1988 228 168 396 78
1989 229 199 428 82
1990 1st half 116 101 217 26

Mr. Redwood

[holding answer 22 October 1990]: The available figures are in the tables. The industry analysis of insolvencies in England and Wales for the first half of 1990 is expected to be available early in November.

Insolvencies—Northern Ireland companies
Compulsory liquidations Creditors' voluntary liquidations Total Retailing
1979 7 27 34 n/a
1980 8 66 74 n/a
1981 16 83 99 n/a
1982 10 111 121 n/a
1983 15 96 111 n/a
1984 19 64 83 n/a
1985 36 75 111 n/a
1986 56 108 164 n/a
1987 59 91 150 n/a
1988 60 63 123 n/a
1989 69 55 124 n/a
11990 13 32 45 n/a
1 January to May.

Mr. Alex Carlile

To ask the Secretary of State for Trade and Industry how many individuals were declared bankrupt in each of the years 1979 to 1989, and in 1990 to date; how many of these were engaged in the retail sector of business; and if he will make a statement.

Insolvencies—England and Wales
Individuals
Bankruptcy orders Individual voluntary arrangements Deeds of arrangement Total Retailing
1979 3,456 44 3,500 472
1980 3,986 52 4,038 578
1981 5,075 76 5,151 790
1982 5,654 46 5,700 874
1983 6,981 51 7,032 1,058
1984 8,178 51 8,229 1,512
1985 6,730 48 6,778 1,288
1986 7,093 62 7,155 1,348
1987 6,994 404 29 7,427 1,226
1988 7,717 779 11 8,507 1,069
1989 8,138 1,224 3 9,365 1,023
1990 (1st half) 5,318 850 2 6,170 n/a

Insolvencies—Scotland
Individuals
Sequestration
1979 106
1980 150
1981 181
1982 213
1983 282
1984 292
1985 298
1986 437
1987 808
1988 1,401
1989 2,301
1990 1st half 1860

Insolvencies—Northern Ireland
Individuals
Orders made
1979 37
1980 41
1981 70
1982 78
1983 103
1984 114
1985 150
1986 193
1987 134
1988 164
1989 237
1990 1st half 122