Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make it his Department's policy to support the Public Sector Exit Payments (Limitation) Bill; and if he will make a statement.
The Government legislated through the Enterprise Act 2016 for a £95,000 cap on exit payments in the public sector. This reform to exit payment compensation requires affirmative regulations to come into force, which I plan to consult on before bringing them before Parliament.
I fully support the intention to limit exit payments across the public sector, however this Bill would duplicate existing primary legislation and delay its implementation.