Question
To ask Her Majesty’s Government whether they will list all the payments made by the Redundancy Payments Office, their value, and the companies in respect of which each was made, in each year from 2003 to 2014.
The Insolvency Service’s Redundancy Payments Service (RPS) receives on average 75,000 individual claims a year.
In the last four financial years, the RPS has paid out the following in statutory payments:
Date | Cases received | Amount paid by RPS |
2010-2011 | 12,356 | £576,526,767 |
2011-2012 | 10,883 | £414,210,703 |
2012-2013 | 13,355 | £440,256,838 |
2013-2014 | 9652 | £334,377,039 |
Annual data prior to 2010 and a breakdown of the individual case names and payments are not readily available, and could only be obtained at disproportionate cost.