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Bankruptcy: Peterborough

Volume 471: debated on Tuesday 29 January 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many businesses filed for bankruptcy in Peterborough constituency in each year since 2001; and if he will make a statement. (182809)

It is not possible from records held centrally and in a readily available format to provide all the information requested. The following table provides the statistics which could be compiled in the time available and which most closely match those requested.

Business bankruptcies in Peterborough constituency

2001

2002

2003

2004

2005

20061

Traders

8

9

23

20

12

14

Non-traders

36

39

47

67

108

40

Missing

0

0

0

0

1

0

Total bankruptcies

44

48

70

87

121

54

1 January to June

Notes:

1. The Insolvency Trade Classification (ITC) was used to classify trading-related bankruptcies (and company liquidations) until end September 2006. However, only the period from January to June 2006 is provided because of the way the data are held.

2. The figures above include bankruptcies filed on either the petition of the debtor (trader) or of a creditor.

3. The geographical information presented above is based on bankrupts' postcodes and is subject to an element of missing or unusable data. Nationally, this has been decreasing from around 9 per cent. in 2001 to 4 per cent. in 2006.