HC Deb 16 October 1991 vol 196 c168W
27. Mr. Ron Brown

To ask the Secretary of State for Trade and Industry if he will make a statement about the current level of company liquidations.

Mr. Redwood

The total number of company liquidations due to insolvency in England and Wales during the first six months of 1991 was 11,055. This represents an annual rate of about 2 per cent. of the stock of companies.