Bankruptcy

(asked on 4th June 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, how many bankruptcies were registered in (a) York, (b) Yorkshire and (c) England in each year since 2005.


Answered by
 Portrait
Jenny Willott
This question was answered on 11th June 2014

Figures for the number of bankruptcy orders in York, Yorkshire & Humber, and England in each year since 2005 can be found in the following table. Bankruptcy applies to individuals only; regional breakdowns for the number of company insolvencies are not currently available.

The Insolvency Service compiles its regional bankruptcy order statistics on a calendar year basis, therefore financial year totals are not available. Figures for 2013 will be available on the Insolvency Service website from 10 July 2014, alongside figures for other individual insolvency procedures (individual voluntary arrangements, and debt relief orders).

Table 1: Number of Bankruptcy Orders in each Region of England, 2005-20121

Year

York

Yorkshire & Humber

England

2005

134

4272

43,103

2006

214

5812

57,576

2007

185

5957

59,245

2008

198

6660

62,001

2009

236

7231

68,498

2010

170

5929

53,064

2011

130

4317

38,341

2012

84

3295

29,393

1 Where individual has provided postcode

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:

https://www.gov.uk/government/publications/insolvency-statistics-individual-insolvencies-by-region

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