Economy
Insolvency Service payouts hit record high
Altus Group has said this was the ‘highest amount paid’ out of the National Insurance Fund at any time during the last decade
The government’s insolvency service paid out a total of £453m from the National Insurance Fund in 2020 to former members of staff after their employers entered into administration, liquidation, or a CVA analysis, according to real estate adviser, Altus Group.
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