HC Deb 29 January 1969 vol 776 c345W
Mr. Ridley

asked the Secretary of State for Employment and Productivity what is the current annual cost of redundancy payments from the redundancy fund and from employers, respectively.

Mr. Hattersley

On the basis of expenditure in the last six months of 1968 the current annual rate of redundancy payments met by the redundancy fund is £47,796,000 and by employers £16,052,000.

Mr. Ridley

asked the Secretary of State for Employment and Productivity what is the total cost, and what is the total number of payments made, from the redundancy fund, from its inception to date.

Mr. Hattersley

The total cost of payments from the redundancy fund from 6th December, 1965, to 31st December, 1968, was £138,642,000 in respect of 653,168 payments.