Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what funding is available from his Department to support (a) Welsh companies making redundancies, (b) Welsh employees at risk of redundancy and (c) Welsh companies in retaining employees.

The Government aims to respond to any job losses from company distress cases swiftly and coherently, to reduce the local impact and support people back to work.

Through the Redundancy Payments Service (RPS), part of the Insolvency Service, employers can access funding for redundancies, if required. For employers who are considering making 20 or more employees redundant at any one site, the RPS also notify the appropriate government departments and agencies, in confidence. This includes Jobcentre Plus and other service providers in their local area who will reach out with offers of assistance during the notification/consultation period.

The Department for Work and Pensions locally deploy the Rapid Response Service to provide support to people affected by redundancy, regardless of whether they are receiving benefits. The aim is to help people into new employment as quickly as possible. The service supports people during their notice period and up to 13 weeks after they leave work.

Additionally, the Welsh Government directly delivers services supporting redundant workers. ReAct Plus is a grant programme, offering tailored support to those trying to re-enter the labour market by removing barriers and providing grant support for vocational training, travel costs and care (including childcare) related to training.