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Bankruptcies And Liquidations

Volume 15: debated on Monday 14 December 1981

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asked the Secretary of State for Trade how many bankruptcies and liquidations there were, respectively, in each of the last three years; and how many in each case were small businesses.

In the year ending October 1981, there were 5,189 bankruptcies and 8,923 company liquidations in Great Britain compared with 4,059 and 6,725 respectively in the previous 12 months, and 3,702 and 4,720 in the 12 months to October 1979. No analysis by size of business is available.