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New Businesses

Volume 175: debated on Thursday 28 June 1990

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To ask the Secretary of State for Employment how many new businesses have registered for value added tax in (a) Derbyshire and (b) the east midlands in the latest year for which figures are available.

The latest available information is for 1988 and is given in the table. Early indications for 1989 from data collected by Her Majesty's Customs and Excise are that in the United Kingdom as a whole, there was a net increase of 1,500 a week on average, compared with 1,200 a week in 1988.

DerbyshireEast Midlands
Registrations3,10015,200
Deregistrations2,40011,100
Net Change (per cent.)3·34·0