Ofgem (Hansard, 6 March 2001)

HC Deb 06 March 2001 vol 364 c163W 163W

§ Mr. Gibb
To ask the Chancellor of the Exchequer, pursuant to his answer of 8 February 2001,Official Report, column 682W, if he will provide a breakdown of the expected merger expenditure of £14 million broken down between (a) redundancy, (b) refurbishment costs, (c) dilapidation and (d) other. [150187]

§ Mr. Andrew Smith
Of Ofgem's forecast merger expenditure of, £14 million it is estimated that(a) £4.4 million will be spent on redundancy and severance, (b) £4.7 million on refurbishment, (c) nil on dilapidations and (d), £4.9 million on other costs.