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Small Businesses

Volume 401: debated on Wednesday 19 March 2003

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To ask the Secretary of State for Northern Ireland how many small businesses have gone out of business in Northern Ireland in each year since 1997. [103255]

The number of insolvency orders (bankruptcy and compulsory winding up) made against individuals and small businesses in each of the last six financial years is as follows:

Financial yearNumber of insolvency orders
1996–97411
1997–98432
1998–99421
1999–2000393
2000–01338
2001–02265