Insolvency Service (Statistics)

Jo Swinson Excerpts

Wednesday 11th December 2013 Written Statements

[The Parliamentary Under-Secretary of State for Business, Innovation and Skills (Jo Swinson)]

The Insolvency Service has today released official statistics covering the number of individual insolvencies (bankruptcies, debt relief orders and individual voluntary arrangements) in each parliamentary constituency in England and Wales, for the period 2000 to 2012. These show that:

the rate of total individual insolvencies per 10,000 adults in England and Wales peaked at 30.9 in 2009, and has fallen each year to 24.5 in 2012;

the rate of total individual insolvencies per 10,000 adults in each constituency in 2012 ranged from 6.7 to 59.2;

any comparison of rates between years at this local level should take into account that small changes in the number of insolvencies can have a large impact on the rate.

Full details are available at:

http://www.insolvencydirect.bis.gov.uk/otherinformation/statistics/regionalstatisticsmenu.htm.

Statistics at local authority level were published on 12 July 2013 at the same web address.

Related statistics, covering individual and company insolvencies in England and Wales up to 2013 Q3 are available at:

http://www.insolvencydirect.bis.gov.uk/otherinformation/statistics/insolvency-statistics.htm.