Increases in the amounts payable under the Employment Rights Act came into effect on 1 February 2011.

The following changes to the limits to payments made under the insolvency provisions of the Employment Rights Act 1996 came into effect on 1 February 2011:

• The limit on the weekly amount payable under the insolvency provisions of the Act is increased to £400.
• The limit on the statutory guarantee payment payable to employees laid off work is increased to £22.20 a day.
• The maximum compensatory award for unfair dismissal is increased to £68,400.
• The maximum amount of a week’s pay for calculating the basic or additional award for unfair dismissal or for redundancy payment is increased to £400.

For details see the Employment Rights (Increase of Limits) Order 2010 (SI 2010/2926), which is available here:

http://www.legislation.gov.uk/uksi/2008/3055/made