Trade Indemnity

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 1 May 1991.

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Photo of Mr Ernie Ross Mr Ernie Ross , Dundee West 12:00, 1 May 1991

Has the Minister read the recent Trade Indemnity report, which showed that business failures rose by 90 per cent. in the third quarter of 1990 and predicted that those figures will remain the same through much of next year? Is he aware that 24,442 firms failed in 1990? How does he propose to deal with that catastrophic failure in businesses?