§ Mr. John Mooreasked the Secretary of State for Employment what is the gross cost and the estimated net cost of the temporary employment subsidy for the financial years 1975–76, 1976–77, 1977–78, and 1978–79 and 1979–80.
§ Mr. GoldingThe net cost of the TES is inconsiderable and no estimates have been made. The actual gross costs for the three financial years to 31st March 1978 and the estimated costs to 31st March 1980 are given below.
Financial year and Gross costs (£ millions) 1975–76 2.7 1976–77 92.4 1977–78 173.7 1978–79 197 1979–80 67
§ Mr. John Mooreasked the Secretary of State for Employment if he will publish the assumptions on which the Government base their calculations of the net cost of the temporary employment subsidy to public funds.
§ Mr. GoldingI refer the hon. Member to the reply which I gave on 28th April to a Question by the hon. Member for Workington (Mr. Page).—[Vol. 948, c.701.]
§ Mr. John Mooreasked the Secretary of State for Employment what is his estimate of the number of jobs which have been lost in those firms not in receipt of the temporary employment 300W subsidy, and of the resultant cost to public funds.
§ Mr. GoldingI regret that I am unable to supply the information requested. It is not possible to estimate with any confidence the extent, timing and therefore cost to public funds of job displacement occurring as a result of TES.