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Written question asked by Mike Amesbury (Labour) on Monday, 19 April 2021, in the House of Commons. It was due for an answer on Thursday, 22 April 2021 (named day). A holding answer was provided on Thursday, 22 April 2021. A substantive answer was provided by Paul Scully (Conservative) on Friday, 23 April 2021 on behalf of the Department for Business, Energy and Industrial Strategy.


Greensill: Redundancy Pay

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the amount of statutory redundancy paid to former Greensill Capital employees since the collapse of that company.

Answer

The Redundancy Payments Service (RPS) is dealing with two cases: Greensill Capital Management Company (UK) Limited and its subsidiary, Greensill Capital (UK) Limited.

In respect of Greensill Capital Management Company (UK) Limited the RPS has, to date, paid out £138,971 in statutory redundancy payments.

In respect of Greensill Capital (UK) Limited, to date no claims have yet been received and no payments made.


Secondary information

Type
Written question
Reference
183281
Session
2019-21
Related items
Greensill: Redundancy Pay
Monday, 4 December 2023
Written questions
House of Commons
Subjects
Redundancy pay Greensill
Contains statistics
Yes
Link
View this Written question on www.parliament.uk