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Farmers: Bankruptcy

Volume 459: debated on Tuesday 1 May 2007

To ask the Secretary of State for Trade and Industry what estimate he has made of the number of farmers who became bankrupt in England in each of the last five years. (135241)

The closest available estimate for bankruptcies among farmers is the number of bankruptcy orders made under the category “agriculture” according to the Insolvency Trade Classification. Also provided for further information is the number of company liquidations in the agricultural sector. The following table provides the England and Wales figures in 2001-05, figures for 2006 are not available by industry sector:

Bankruptcies and company liquidations in England and Wales for agriculture, 2001-05

Bankruptcy orders

Company liquidations

2001

183

90

2002

132

76

2003

151

52

2004

204

35

2005

195

35