Green Investment Bank: Termination of Employment

(asked on 22nd June 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Answer of 7 February 2017 to Question 62846, if he will provide updated figures on the number of staff departures from the UK Green Investment Bank up to 12 June 2017.


Answered by
 Portrait
Claire Perry
This question was answered on 29th June 2017

Further to the Answer of 7 February to Question 62846, the Green Investment Bank (GIB) has provided the following updated information:

Number of staff employed by GIB*:

During financial year ending 31 March 2017 – 124

In the period 1 April 2017 to 12 June 2017 – 115

Number of employees exiting**:

During the financial year ending 31 March 2017 – 17

In the period 1 April 2017 to 12 June 2017 – 10

*Headcount numbers reported as per the People section of GIB’s latest annual report.

**The leavers noted are those individuals who were permanent employees and fixed term contract employees who decided leave ahead of the agreed end date noted in their contract. It does not include temporary staff or those individuals who completed a fixed term contract and left on the agreed end date as detailed within their contract.

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