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515737

registered interest
date	26/04/2016
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Comet Group
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will publish a summary of the findings of the Insolvency Service's inquiry into the collapse of Comet.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	35719
answer	answer is ministerial correction date of answer 04/05/2016 answer text <p><strong> </strong></p><p> </p><p>The Insolvency Service investigated Comet under provisions of the Companies Act, which means it is not possible to publish the report.</p><p> </p><p>However, I can confirm that, after careful consideration of the facts obtained in this investigation, it has been decided that no further enforcement action will be taken at this time.</p><p> </p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 04/05/2016 15:17:24 answering member 3938 label Biography information for Anna Soubry
tabling member	1533 label Biography information for Dame Diana Johnson

515740

registered interest
date	26/04/2016
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Comet Group
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how much has been paid out by his Department in statutory entitlements as a result of the collapse of Comet; how many people have been so compensated to date; and what estimate he has made of the total cost to the Exchequer of meeting all arising liabilities in this case.
tabling member constituency	Kingston upon Hull North
tabling member printed	Diana Johnson
uin	35720
answer	answer is ministerial correction date of answer 04/05/2016 answer text <p><strong> </strong></p><p> </p><p>The Insolvency Service’s Redundancy Payments Service has paid out a total of £23,687,320.37 in statutory entitlements to 4,918 former employees of Comet Group Plc.</p><p> </p><p>It is not possible at present to estimate the total cost to the Exchequer of meeting all liabilities in this case. Further payments will depend on the findings of the Employment Tribunal regarding the employees covered by the protective award judgment, and any associated costs. Consideration of this matter is ongoing and expected to be resolved this year.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 04/05/2016 14:48:29 answering member 3938 label Biography information for Anna Soubry
tabling member	1533 label Biography information for Dame Diana Johnson