Department for Business and Trade: Redundancy Pay

(asked on 30th August 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what the cost to his Department was of ministerial severance payments in each year from 19 December 2019 to 30 May 2024; which Ministers received a severance payment; and how much each Minister received.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 9th September 2024

Under the Ministerial and Other Pensions and Salaries Act 1991, eligible Ministers who leave office are entitled to a one-off payment equivalent to one quarter of their annual salary at the point at which they leave Government.

Details of such payments are published in the departmental annual reports and accounts, and ministerial salaries are published on GOV.UK at https://www.gov.uk/government/publications/ministerial-salary-data

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