§ Dr. GodmanTo ask the Secretary of State for Scotland how many companies have gone into liquidation or have declared bankruptcy in(a) Strathclyde and (b) Scotland as a whole in each of the past three years; and in which areas of economic activity they were to be found.
§ Mr. Allan StewartThe table gives the available information on Scottish registered companies for the past three years. There is no information on company liquidations for areas within Scotland. The term bankruptcy does not apply to companies.
Notified liquidations of Scottish registered companies: Year Number 1988 651 1989 674 1990 689
Industrial analysis1 1987–88 1988–89 1989–90 Agriculture and horticulture 3 7 2 Manufacturing 103 95 116 Construction 72 75 75 Transport and communication 15 19 16 Wholesaling 17 11 12 Retailing 90 73 79 Financial institutions 1 5 6 Business services 42 38 41 Hotels and catering 17 17 22 All other industries and businesses 85 69 51 Total 445 409 420 Source: Register of companies
1 Compulsory liquidations and creditors' voluntary liquidations only. Members' liquidations are excluded from the analysis.