§ Mr. DavidsonTo ask the President of the Board of Trade how many companies made successful applications to the national insurance fund as a result of failing to meet statutory obligations to provide redundancy payments for employees under the terms of current employment legislation for each year since 1979; and if he will provide the figures for each year with regard to the total cost of the approved applications from the national insurance fund expressing the costs(a) on a consistent basis and (b) at constant 1979 prices. [12612]
Mr. John M. TaylorThe information is not available in the form requested. The total cost to the national insurance fund of statutory redundancy payments made to employees under section 106 of the Employment Protection (Consolidation) Act 1978 is set out in the table. The figures include payments to former employees of insolvent businesses.
Year £ million £ million at constant 1979 prices1 1979–80 19.3 19.3 1980–81 42.0 35.5 1981–82 53.0 40.8 1982–83 72.2 51.9 1983–84 69.0 47.4 1984–85 57.1 37.4 1985–86 54.6 33.9 1986–87 50.2 30.2 1987–88 34.9 19.9 1988–89 32.4 17.4 1989–90 25.7 12.9 1990–91 67.6 31.3 1991–92 131.8 57.6 1992–93 161.9 67.9 1993–94 130.6 53.2 1994–95 89.5 35.8 1GDP Deflator used to calculate constant 1979 prices.