§ Mr. Parkasked the Secretary of State for Employment what is the current state of the Redundancy Fund; and how this compares with previous years.
§ Mr. GoldingThe following table shows the balance of the Fund at 3rd February 1978 and the balance as at December in each of the previous years.
Week-ending Balance in Fund (£ million) December 1966 +0.7 December 1967 -7.5 27th December 1968 -16.2 19th December 1969 -8.2 24th December 1970 +2.3 31st December 1971 -4.8 29th December 1972 -5.9 28th December 1973 +9.2 27th December 1974 +20.6 26th December 1975 +1.6 31st December 1976 +5.3 30th December 1977 +28.4 3rd February 1978 +33.1