HC Deb 03 July 1995 vol 263 c65W
Mr. Austin Mitchell

To ask the President of the Board of Trade what future trends he expects in the number of bankruptcy orders and winding up orders over the next five years. [32589]

Mr. Jonathan Evans

The Insolvency Service does not publish forecasts of insolvencies although for planning and resource allocation purposes as part of the MINIS process it bases its business plan on an expected number of cases in the following financial year. For 1995–96 the service's business plan is based on a total of 25,000 cases comprising 20,000 bankruptcies and 5,000 compulsory liquidations.