§ Mr. Austin MitchellTo ask the Secretary of State for Scotland how many(a) individual insolvencies and (b) corporate insolvencies there were in each of the last seven years.
§ Lord James Douglas-HamiltonThe number of individual insolvencies in Scotland for the last seven years was as follows:
Sequestrations Protected trust deeds Total 1987–88 951 36 987 1088–89 1,612 10 1,622 1989–90 2,618 12 2,630 1990–91 5,451 3 5,454 1991–92 8,584 1 9,585 1992–93 11,970 2 11,972 1993–94 4022 282 14,304 1 Follows implementation of the Bankruptcy (Scotland) Act 1993. Corporate insolvency in Scotland is the responsibility of my right hon. Friend the President of the Board of Trade.