Department for Business and Trade written question – answered on 8th March 2023.
Justin Madders
Shadow Minister (Future of Work), Shadow Minister (Business and Industrial Strategy)
To ask the Secretary of State for Business and Trade, what the total cost to the public purse was of statutory redundancy payments processed by the Insolvency Service in (a) 2021 and (b) 2022.
Kevin Hollinrake
Parliamentary Under Secretary of State (Department for Business and Trade)
The total value of statutory redundancy payments made by the Insolvency service in the 2021 calendar year was £148,379.673 and in 2022 was £148,352,681.
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