Greensill: Redundancy Pay

(asked on 5th January 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 18 December 2023 to Question 6145 on Greensill: Redundancy Pay, whether she has made an assessment of the likelihood of success of the claim.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 10th January 2024

The Administrators of Greensill Capital have previously indicated they expect to make distributions to unsecured creditors, including the claim by the Redundancy Payments Service. The Administrators confirmed to the Redundancy Payments Service on 8 January that the quantum and timing of any distribution is uncertain.

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