Insolvency (Hansard, 31 October 1994)

HC Deb 31 October 1994 vol 248 c971W 971W

§ Mr. Austin Mitchell
To ask the Secretary of State for Scotland what has been the cost to the Exchequer in each of the past seven years of the processing of insolvencies.

§ Lord James Douglas-Hamilton
The annual total net cost of processing individual insolvencies, including payments to insolvency practitioners and direct administrative expenses, in Scotland, was as follows:

£ million

1987–88 0.42

1988–89 2.76

1989–90 7.60

1990–91 12.51

1991–92 18.59

1992–93 21.77

1993–94 22.96

	£ million
1987–88	0.42
1988–89	2.76
1989–90	7.60
1990–91	12.51
1991–92	18.59
1992–93	21.77
1993–94	22.96