To ask the Secretary of State for Business, Energy and Industrial Strategy, how many staff (a) were employed by and (b) left the UK Green Investment Bank in each year since its creation; and how many staff have left that bank in 2017 to date.
Answered on
7 February 2017
The Green Investment Bank (GIB) has provided the following information:
Number of staff employed as at 31 March each year since the creation of GIB*
31st March 2013 – 58
31st March 2014 – 92
31st March 2015 - 113
31st March 2016 – 134
31st January 2017 - 126
Number of employees exiting GIB as at 31 March each year since the creation of GIB**
31st March 2013 – 3
31st March 2014 - 10
31st March 2015 – 14
31st March 2016 – 13
31st January 2017 – 14
Of the 14 employees who have left in this current financial year, two left in the period from 1 January 2017 to date.
*Headcount numbers reported as per the People section of GIB’s latest annual report.
**The leavers noted are those individuals who were permanent employees and fixed term contract employees who decided leave ahead of the agreed end date noted in their contract. It does not include temporary staff or those individuals who completed a fixed term contract and left on the agreed end date as detailed within their contract.