HC Deb 16 May 1996 vol 277 c543W
Mr. Khabra

To ask the President of the Board of Trade what was the number of business failures in the first quarter of(a) 1996 and (b) 1995. [28488]

Mr. Oppenheim

The number of compulsory liquidations, creditors' voluntary liquidations and bankruptcy orders in the first quarters of 1995 and 1996, by category and on a seasonally adjusted basis, are shown in the table:

1995 1996
Compulsory liquidations 1,364 1,273
Creditors' voluntary liquidations 2,141 2,022
Bankruptcy orders 5,054 5,000