Written question asked by Lord Mann (Labour) on Thursday, 21 April 2011, in the House of Commons. It was due for an answer on Wednesday, 27 April 2011. It was answered by Ed Davey (Liberal Democrat) on Wednesday, 4 May 2011 on behalf of the Department for Business, Innovation and Skills.

RBS and Lloyds TSB

Question: To ask the Secretary of State for Business, Innovation and Skills how many companies have been declared insolvent as a result of insolvency procedures instigated by (a) RBS and (b) Lloyds TSB in each of the last six months.

Answer: The available information is for company compulsory liquidations in England and Wales only. During the six months from July to December 2010 the number of cases where the insolvency was recorded as instigated by (a) RBS was 11 and by (b) Lloyds TSB was zero (that is, these companies were listed as being a petitioning creditor in the insolvency). These numbers are in the context of 2,277 new compulsory liquidations in total for the same period, and some 290 cases where the petitioner was unknown.Figures for the last three months (January to March 2011) will not be available until after the headline official statistics have been published. The Quarter 1 2011 Statistical Release will be available from 6 May on the Insolvency Service website:"http://www.insolvency.gov.uk/otherinformation/statistics/insolvency-statistics.htm"

Secondary information