HC Deb 13 December 1979 vol 975 c741W
Mr. Craigen

asked the Secretary of State for Employment what is the current financial state of the redundancy fund.

Mr. Jim Lester

Taking into account interest on investment just notified of £2.9 million, the fund was in surplus of approximately £132 million as at 12 December 1979.

Mr. Jim Craigen

asked the Secretary of State for Employment if he will list the investments made with moneys from the redundancy fund, giving details of rates of interest, maturity dates and yield.

Mr. Mayhew

I will reply to the hon. Member as soon as possible.