Mr. Alan Williams
To ask the Chancellor of the Exchequer what price was paid for Forward Catering; and what provision was made in the sale agreement for financial responsibility for redundancies.
§ Mr. Nelson
[holding answer 31 March 1994]: I refer the right hon. Member to my reply to my hon. Friend the Member for Basingstoke (Mr. Hunter) on 15 February, column 703. The sale agreement provided for the purchaser to indemnify the Treasury from all costs arising from the termination of employment of employees after the transfer date.