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Mr. Lawson
asked the Secretary of State for Trade if he will list the number of (a) bankruptcies and (b) company liquidations, for each year since 1964.
Mr. Clinton Davis
The numbers of bankruptcies and company liquidations in England and Wales during the relevant years are as follows:
| Company liquidations† | ||||
| … | bankruptcies* | Total | Of which, members' voluntary liquidations | |
| 1964 | … | 3,552 | 5,155 | 3,051 |
| 1965 | … | 3,556 | 6,668 | 4,073 |
| 1966 | … | 3,862 | 11,440 | 8,190 |
| 1967 | … | 4,224 | 8,443 | 4,908 |
| 1968 | … | 4,150 | 9,273 | 6,108 |
| 1969 | … | 4,552 | 8,450 | 4,940 |
| 1970 | … | 4,907 | 8,268 | 4,579 |
| 1971 | … | 4,643 | 7,956 | 4,450 |
| 1972 | … | 4,244 | 7,743 | 4,680 |
| 1973 | … | 3,817 | 6,872 | 4,297 |
| 1974 | … | 5,608 | 7,466 | 3,746 |
| 1975 | … | 7,143 | 9,315 | 3,917 |
| 1976 | … | 7,108 | 10,112 | 4,173 |
| 1977 | … | 4,403 | 9,498 | 3,650 |
| * Receiving and administration orders made. | ||||
| † Company liquidations comprise compulsory liquidations and creditors' voluntary liquidations, in which the company is insolvent, and members' voluntary liquidations, in which the company is not insolvent. The figures are for liquidations begun during each year. | ||||