Thursday 29th November 2012

(11 years, 11 months ago)

Written Statements
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Esther McVey Portrait The Parliamentary Under-Secretary of State for Work and Pensions (Esther McVey)
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The Remploy annual report and financial statements 2012 will be published today. I will place copies of the report and financial statements in the House Libraries later today; they will also be available in the Vote Office and the Printed Paper Office. Electronic copies will be available from the DWP website and Remploy’s website.

I have written to the chairman of Remploy formally approving the agreed 2012-13 performance and resources agreement between the Department and the Company, as follows:

Target Description

Target

To live within the Company's financial means in the 2012-13 financial year and achieve an operational funding result of:

£97.9m

Factory Businesses to achieve an operating result (loss) of:

£40.2m

Employment Service business to achieve an operating result of:

£28.2m

Total disabled job outcomes:

17,000

- of which Work Choice job outcomes:

7,500

- of which Work Choice Retention outcomes:

1,000

- of which other disabled job outcomes:

8,500