DWP answer questions on sale of Remploy

DWP Secretary of State, Esther McVey, has written to Frank Field, Chair of the Work and Pensions Committee, to answer his questions about the sale of Remploy in 2015.

Frank Field had asked the following questions:

  • Might you please confirm how much Maximus paid the Government for its 70% stake in Remploy?
  • How was that amount arrived at?
  • Given that Remploy made profits of £7.1m in 2017, do you now consider the price paid in 2015 to have been appropriate? 
  • How much public money did Remploy receive for such contracts in 2015/16 and 2016/17?
  • In the light of the huge increase in Remploy's profitability are you satisfied that the Government is achieving good value for money with these contracts?

The letter is attached below and avialable on the DWP website