Question
To ask the Secretary of State for Business, Innovation and Skills, how many people have been declared bankrupt in (a) Bury St Edmunds constituency, (b) Suffolk, (c) East of England and (d) England and Wales in each of the last five years.
Figures for bankruptcies in England and Wales, East of England, Suffolk and Bury St Edmunds constituency in each of the last five years can be found in Table 1.
Table 1: Number of Bankruptcies in England and Wales, East of England, Suffolk and Bury St Edmunds, 2008 to 20121
Area | 2008 | 2009 | 2010 | 2011 | 2012 |
England & Wales | 67,428 | 74,670 | 59,173 | 41,876 | 31,787 |
East of England | 7,366 | 8,128 | 5,755 | 4,141 | 3,149 |
Suffolk | 1,041 | 1,089 | 848 | 548 | 406 |
Bury St Edmunds | 160 | 174 | 129 | 85 | 62 |
1 Where bankrupt has provided a valid postcode |
Regional figures for 2013 are not currently available. They will be published in July 2014.
It should be noted that these figures do not account for any changes in the base population over time. Using the rate of bankruptcies per 10,000 adults allows for a like-for-like comparison across years.
Headline figures for insolvencies in England and Wales can be found in the quarterly Insolvency Statistics release, a National Statistics publication. Figures for January-March 2014 were published on 29 April 2014, and can be found here:
https://www.gov.uk/government/publications/insolvency-statistics-january-to-march-2014
Annual numbers and rates of bankruptcies by region for 2000-2012 are available in the Individual Insolvencies by Region publication, which can be found at the following link:
http://www.insolvencydirect.bis.gov.uk/otherinformation/statistics/regionalstatisticsmenu.htm