Written question asked by Nick Gibb (Conservative) on Friday, 3 December 1999, in the House of Commons. It was due for an answer on Wednesday, 8 December 1999. It was answered by Alan Johnson (Labour) on Wednesday, 8 December 1999 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, what policy changes he is planning as a result of the reported half-year loss by Parcelforce. - Inc figure.

Answer: Mr. Gibb: To ask the Secretary of State for Trade and Industry what policy changes he is planning as a result of the reported half-year loss by Parcelforce. [101731] Mr. Alan Johnson: The half-year loss reported by Parcelforce is a matter of commercial and financial policy for Parcelforce management. It represents a 6 per cent. reduction in loss compared to the equivalent period to September 1998. Further improved operational efficiency from measures, such as the new express and international hubs at Coventry coming on-stream, are expected to make a positive contribution to the financial position of Parcelforce.

Secondary information