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Redundancy Payments

Volume 977: debated on Monday 28 January 1980

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asked the Secretary of State for Employment how many redundancy payments have been made under the Redundancy Payments Act 1965 and the Employment Protection (Consolidation) Act 1978 in each calendar year since 1966 for which figures are available; and what was the total amount of such payments in each year.

Following is the information.

Number of paymentsTotal received by employees
£ millions
1967249,78250·2
1968264,49161·8
1969250,76461·8
1970275,56372·5
1971370,306108·3
1972297,12097·5
1973176,91966·6
1974182,16173·6
1975340,215178·3
1977267,233165·4
1978255,484184·3
1979253,594221·7