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ARTICLE · 29 APRIL 2009

New Rate For SRP Proposed For October

We sent out a Law-Now last week with details of the increase in a week's pay for statutory redundancy from £350 to £380.

United KingdomEmployment and HR
Anthony Fincham
Anthony Fincham
Sarah Ozanne
Sarah Ozanne

We sent out a Law-Now last week with details of the increase in a week's pay for statutory redundancy from £350 to £380. BERR has indicated that this increase will be effective from 1 October 2009. It remains to be seen whether the weekly increase will apply to other employment related payments where these are calculated with reference to a week's pay, for example the basic award calculation in unfair dismissal claims.

This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to www.law-now.com/law-now/mondaq

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