If a company goes bankrupt who pays redundancy?

In the UK people are entitled to a statutory amount of redundancy depending on length of service and age.

If the company cannot pay then it will be paid by the government.

Check on Dept of work & Pensions.

http://www.berr.gov.uk/whatwedo/employment/index.h...

However it may take some time to get the money

i think of you receive 'diddled' once you moved with your boss, you ought to have have been given redundancy then for 6 years then long previous to the hot corporation. So now you will in simple terms get it for 6 as its a thoroughly distinctive corporation in spite of the owner. And being 'unswerving' ability no longer something, if a compnay is going bankrupt the government will pay your redundancy and might have been instructed by using directors peoples length of service. desire thats helps!

There is a small amount of redundancy available via the insolvency service, it depends on what route the company takes. Check out www.insolvency.gov.uk

selling off the assets of the business will result in some money in which is first directed to those handling the insolvency and then the employees and then other creditors so you might not get it all but you should get something, hopefully all as you are more of a priority.

Nobody does - you are just out of ajob and out of pocket.