HC Deb 17 December 1992 vol 216 c373W
Mr. Burns

To ask the Chancellor of the Exchequer if he will make a statement about redundancy costs at the National Economic Development Office.

Mr. Nelson

It is proposed that the cost of redundancies at NEDO and other winding up costs should be met from the Treasury vote—class XVIII, vote 1. Parliamentary approval for this new service will be sought in a supplementary estimate for this vote. Pending that approval, urgent expenditure estimated at £2 million will be met by a repayable advance from the Contingencies Fund.

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