HC Deb 07 May 1991 vol 190 cc412-3W
Mr. David Porter

To ask the Secretary of State for Trade and Industry how many businesses(a) began trading and (b) went into receivership in each of the last 10 years in (i) Suffolk and Norfolk, (ii) England and (iii) the United Kingdom.

Mr. Redwood

Information is not readily available in the form requested. The following table gives estimates of the number of companies whose registered offices are in the areas shown:

Norfolk and Suffolk England and Wales Great Britain
Companies incorporated in financial year 1990–91 1,200 108,700 113,700
Active companies on register at 31 March 1991 16,900 978,300 1,030,200
Of which: In receivership 168 8,430 9,120

England and Wales Great Britain
Year Incorporations Receiverships Incorporations Receiverships
(000s) (000s) (000s) (000s)
1981 68.9 1.3 72.4 1.7
1982 83.0 2.7 87.2 2.9
1983 91.5 2.8 96.2 3.1
1984 92.9 2.2 97.9 2.3
1985 99.2 1.9 104.6 2.1
1986 111.3 1.9 117.3 2.1
1987 122.1 1.3 128.0 1.5
1988 122.1 1.1 128.9 1.2
1989 123.5 1.7 130.3 1.8
1990 113.9 4.3 120.9 4.4

Insurance Services Group

Mr. Morgan

To ask the Secretary of State for Trade and Industry, pursuant to his written answer of 1 May, if all of the bidders have tabled an offer to pay for the acquisition of Export Credits Guarantee Department's Insurance Services Group in Cardiff.

Mr. Sainsbury

Both NCM and Assicurazioni Generali have tabled an offer to pay for the acquisition of the short-term business of ECGD, subject to contract. Trade Indemnity has submitted an alternative proposal. Each response is now being evaluated by the Government and their advisers.