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Redundancies

Volume 115: debated on Friday 1 May 1987

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asked the Paymaster General what was the. cost to public funds of redundancies in the following firms: (a) Webglow Limited, (b) Summit Operation Services Limited, (c) Recording Audio Myers Limited, (d) Bulldog Reclamations Limited and (e) Taylor Stenmec Limited; and whether the firms named met part of the cost of redundancies.

There has been no cost to public funds in respect of any redundancies which may have occurred at these firms.

asked the Paymaster General what was the cost to public fund of redundancies in the following firms: (a) Hymid Graemross Limited, (b) Homebean Limited, (c) Benchase Limited, (d) Cliffmore Limited and (e) Powerspeed Limited; and whether the firms named met part of the cost of redundancies.

The information requested is shown in the table:

FirmCost to public funds1Firm's contribution to cost2
££
Hymid Graemross Ltd.Niln/a
Homebean Ltd.Niln/a
Benchase Ltd.Niln/a
Cliffmore Ltd.Niln/a
Powerspeed Ltd.27,360·0120,004·46
1 The sum represents redundancy payments made direct to employees out of the redundancy fund.
2 When a direct redundancy payment is made to an employee, the employer automatically incurs a debt to the redundancy fund. The sum therefore represents the amount repaid to the fund, less any rebate that would otherwise be due.
n/a Not applicable

asked the Paymaster General what was the cost to public funds of redundancies in the following firms: (a) Birkett-Ycol Limited, (b) Boulton Fabrications Limited, (c) Whitfield Wylie Limited, (d) The Long Wire Company Limited, (e) The Manor Engineering Company Limited and (f) Brownsior Caludon Engineering Limited; and whether the firms named met part of the cost of redundancies.

The information requested is shown in the table:

Firm1Cost to Public Funds2Firm's Contribution to cost
££
Birkett Wycol Ltd.nil3n/a
Boulton Fabrications Ltd.2,859·56139·56
Whitfield Wylie Ltd.nil3n/a
The Longford Wire Co. Ltd.112,342·011,962·81
The Manor Engineering Co. Ltd.96,328·9215,982·14
Brownscov Caludon Engineering Co. Ltd.52,126·9310,276·63
1 The sums represent both redundancy payments made direct to employees out of the redundancy fund and rebates paid to the firm out of the fund in the last three years.
2 When a direct redundancy payment is made to an employee, the employer automatically incurs a debt to the redundancy fund. The sums therefore represents the amount repaid to the fund, less any rebate that would otherwise be due.
3 n/a Not applicable

asked the Paymaster General what was the cost to public funds of redundancies in the following firms: (a) Hayes Shellcast Limited, (b) South Wales Forgemasters Limited, (c) Belgrave Engineering Limited, (d) Belgrave Parsons Limited, (e) Belgrave Transmission Limited and (f) Belgrave Finery Limited.

The information requested is shown in the table:

Firm1Cost to Public Funds2Firm's Contribution to cost
££
Hayes Shellcast Ltd.59,731·481,731·48
South Wales Forgemasters Ltd.274,236·76
Belgrave Engineering Ltd.77,325·4243,867·32
Belgrave Parsons Ltd.77,201·4911,135·73
Belgrave Transmission Ltd.nil3n/a
Belgrave Finery Ltd.nil3n/a
1 The sums represent both redundancy payments made direct to employees out of the redundancy fund and rebates paid to the firm out of the fund in the last three years.
2 When a direct redundancy payment is made to an employee, the employer automatically incurs a debt to the redundancy fund. The sums therefore represents the amount repaid to the fund, less any rebate that would otherwise be due.
3n/a Not applicable.