Insolvency
(asked on 10th March 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses failed in each month of the 2007-08 financial crisis.
Monthly data on business closures during the 2007-2008 financial crisis are not available.
Data on total annual business closures have been provided in the table below, showing annual numbers of business closures between 2006 and 2010.
Table: Annual number of business closures, 2006 to 2010, all registered businesses
Year | Number of business closures |
2006 | 207,000 |
2007 | 224,000 |
2008 | 223,000 |
2009 | 277,000 |
2010 | 250,000 |
Source: Office for National Statistics ‘Business Demography, UK: 2011’