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Bankruptcies

Volume 455: debated on Thursday 25 January 2007

To ask the Secretary of State for Trade and Industry how many businesses went bankrupt in each of the past three years for which figures are available. (115091)

The number of bankruptcy orders for self employed individuals in England and Wales can be seen in the following table together with the number of company liquidations.

Bankruptcy orders for self employed individuals

Company liquidations

2003

9,139

14,184

2004

9,564

12,192

2005

10,839

12,893

To ask the Secretary of State for Trade and Industry how many people declared themselves bankrupt in each year since 1996. (111198)

The table shows the number of bankruptcies from 1996 in England and Wales.

Bankruptcy orders

1996

21,803

1997

19,892

1998

19,647

1999

21,611

2000

21,550

2001

23,477

2002

24,292

2003

28,021

2004

35,898

2005

47,291