Diana Johnson – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Diana Johnson on 2016-01-14.

To ask the Secretary of State for Business, Innovation and Skills, what the total annual saving to the public purse has been of the closure of the Hull office of the Insolvency Service.

Anna Soubry

The decision to close the Hull office, with effect from 14 November 2014, was based on savings with a Net Present Value of £289,000 over 5 years. The profile of savings is such that they will mainly be realised towards the end of that period. Current information is that we are on course to achieve these savings.