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Mr. Holland
To ask the Chancellor of the Duchy of Lancaster how many private sector manufacturers were declared bankrupt in (a) England and Wales and (b) Great Britain in each year since and including 1979.
Mr. Maude
The information that is available for insolvencies in manufacturing is given in the table:
Bankruptcies1 England and Wales | Company Liquidations2 England and Wales | Company Liquidations2 Great Britain | |
1979 | 137 | 1,039 | 1,103 |
1980 | 143 | 2,095 | 2,190 |
1981 | 192 | 2,676 | 2,806 |
1982 | 208 | 4,058 | 4,217 |
1983 | 263 | 4,171 | 4,298 |
1984 | 387 | 4,457 | 4,599 |
1985 | 3295 | 4,837 | 4,981 |
1986 | 277 | 4,776 | 4,884 |
1987 | 4202 | 3,579 | 3,700 |
1 Bankruptcy orders, receiving orders and deeds of arrangement. | |||
2 Compulsory plus creditors' voluntary liquidations. | |||
3 Not comparable with earlier years because of changes in legislation effective from October 1984 which have reduced the number of bankruptcies. | |||
4 January to September only. |
Mr. Holland
To ask the Chancellor of the Duchy of Lancaster how may private building contractors were declared bankrupt in (a) England and Wales and (b) Great Britain in 1985, 1986 and 1987.
Mr. Maude
The information that is available for insolvencies in the construction industry is given in the table:
Bankruptcies1 England and Wales | Company Liquidations2 England and Wales | Company Liquidations3 Great Britain | |
1985 | 788 | 1,975 | 2,069 |
1986 | 801 | 1,914 | 2,018 |
1987 | 3487 | 1,447 | 1,520 |
1 Bankruptcy orders, receiving orders and deeds of arrangement. | |||
2 Compulsory plus creditors' voluntary arrangements. | |||
3 January—September only. |