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<p>In the event an employer becomes insolvent, the Government steps in to offer a
level of protection to employees who would otherwise receive nothing from their former
employer. Payments, including holiday pay and pay in lieu of notice, are made by the
Insolvency Service’s Redundancy Payments Service subject to conditions and statutory
limits.</p><p>a) In respect of Thomas Cook employees, a specialist team was set up
to process the high volume of redundancy related claims from former employees to ensure
payments were received as quickly as possible.</p><p>b) Where claims are received
from former employees of companies in compulsory liquidation, the Redundancy Payments
Service pays on average within 14 days of receipt of information.</p><p> </p>
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