§ Mr. Austin MitchellTo ask the Secretary of State for Scotland how many(a) corporate and (b) individual insolvencies were recorded in Scotland for each of the past five years.
§ Mr. StewartThe number of insolvencies in Scotland for each of the past five full accounting years was as follows:
(a) Corporate insolvencies Year Number 1988–89 663 1989–90 651 1990–91 720 1991–92 862 1992–93 915 Source: Table C2 of "Companies in 1992–93".
(b) Individual insolvencies Year Number 1988–89 1,612 1989–90 2,618 1990–91 5,451 1991–92 8,584 1992–93 11,970 Source: Office of the Accountant in Bankruptcy.