Retail Sector

                    The text on this page has been created from Hansard archive content, it may contain typographical errors.
                

To ask the Secretary of State for Trade and Industry how many company liquidations there were in each of the years 1979 to 1989, and in 1990 to date; how many of these were in the retail sector of business; and if he will make a statement.

Insolvencies—England and Wales
Companies
	Compulsory liquidations	Creditors' voluntary liquidations	Total	Retailing
1979	2,064	2,473	4,537	501
1980	2,935	3,955	6,890	675
1981	2,771	5,825	8,596	928
1982	3,745	8,322	12,067	1,385
1983	4,807	8,599	13,406	2,214
1984	5,260	8,461	13,721	2,096
1985	5,761	9,137	14,898	2,159
1986	5,204	9,201	14,405	1,970
1987	4,116	7,323	11,439	1,436
1988	3,667	5,760	9,427	1,086
1989	4,020	6,436	10,456	1,039
1990 1st half	2,553	4,130	6,683	n/a

Insolvencies—Scotland Companies
	Compulsory Liquidations	Creditors' Voluntary Liquidations	Total	Retailing
1979	56	182	238	40
1980	135	244	379	54
1981	158	280	438	50
1982	177	326	503	51
1983	263	258	521	97
1984	272	251	523	87
1985	306	231	537	99
1986	299	212	511	96
1987	253	203	456	92
1988	228	168	396	78
1989	229	199	428	82
1990 1st half	116	101	217	26

[holding answer 22 October 1990]: The available figures are in the tables. The industry analysis of insolvencies in England and Wales for the first half of 1990 is expected to be available early in November.

Insolvencies—Northern Ireland companies
	Compulsory liquidations	Creditors' voluntary liquidations	Total	Retailing
1979	7	27	34	n/a
1980	8	66	74	n/a
1981	16	83	99	n/a
1982	10	111	121	n/a
1983	15	96	111	n/a
1984	19	64	83	n/a
1985	36	75	111	n/a
1986	56	108	164	n/a
1987	59	91	150	n/a
1988	60	63	123	n/a
1989	69	55	124	n/a
¹1990	13	32	45	n/a
¹ January to May.

To ask the Secretary of State for Trade and Industry how many individuals were declared bankrupt in each of the years 1979 to 1989, and in 1990 to date; how many of these were engaged in the retail sector of business; and if he will make a statement.

Insolvencies—England and Wales
Individuals
	Bankruptcy orders	Individual voluntary arrangements	Deeds of arrangement	Total	Retailing
1979	3,456	—	44	3,500	472
1980	3,986	—	52	4,038	578
1981	5,075	—	76	5,151	790
1982	5,654	—	46	5,700	874
1983	6,981	—	51	7,032	1,058
1984	8,178	—	51	8,229	1,512
1985	6,730	—	48	6,778	1,288
1986	7,093	—	62	7,155	1,348
1987	6,994	404	29	7,427	1,226
1988	7,717	779	11	8,507	1,069
1989	8,138	1,224	3	9,365	1,023
1990 (1st half)	5,318	850	2	6,170	n/a

Insolvencies—Scotland
Individuals
	Sequestration
1979	106
1980	150
1981	181
1982	213
1983	282
1984	292
1985	298
1986	437
1987	808
1988	1,401
1989	2,301
1990 1st half	1860

Insolvencies—Northern Ireland
Individuals
	Orders made
1979	37
1980	41
1981	70
1982	78
1983	103
1984	114
1985	150
1986	193
1987	134
1988	164
1989	237
1990 1st half	122

Volume 178: debated on Wednesday 24 October 1990