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JP Morgan

Volume 475: debated on Thursday 1 May 2008

To ask the Secretary of State for Work and Pensions how much his Department paid to JP Morgan in each year since 1997; and what the purpose of each payment was. (199611)

Current DWP records extend back to the 2003-04 financial year.

The annual spend with JP Morgan from 2003-04 is as follows:

£

2003-04

0.00

2004-05

136.00

2005-06

120.00

2006-07

863.00

2007-08

10,369.00

In all cases, these payments were made in respect of client facing programmes, in particular, Access to Work—Payments for Support Workers.

Information is not available for the period prior to 2003 and could be obtained only at disproportionate cost.