§ Mr. Sydney Irvingasked the Secretary of State for Employment how much additional money has been left with business firms since the doubling of the regional employment premium in the March Budget last year.
§ Mr. John FraserThe doubling of regional employment premium from 5th August 1974 was announced by the Chancellor of the Exchequer on 22nd July 1974. The overall amount of REP paid from 1st August 1974 to 31st March 1975 was £120.5 million. This total includes claims for periods prior to 5th August 1974 as REP is paid on a quarterly basis in arrear and employers may choose to claim for it at any time thereafter. Separate records of amounts paid at the doubled rates are not available.