§ Mr. Russell Johnstonasked the Secretary of State for Employment how many individuals received redundancy payments per annum in terms of the Redundancy Payments Act in each of the last five years; what was the net cost of such payments to employers after Redundancy Fund rebates had been deducted; and how many of those receiving redundancy payments registered as unemployed and what was the average length of their unemployment.
§ Mr. Dudley SmithThe number of employees in respect of whom payments were made from the Redundancy Fund and the net cost to employers after deduction of those payments was:
Member of Employees Net Cost to Employers £ 1968 264,491 15,460,000 1969 250,764 23,307,000 1970 275,563 33,585,000 1971 370,306 51,167,000 1972 297,120 46,739,000 It is not known how many employees receiving redundancy payments subsequently registered as unemployed.