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Written question asked by Michael Fallon (Conservative) on Tuesday, 25 May 1999, in the House of Commons. It was due for an answer on Friday, 25 June 1999. It was answered by Ian McCartney (Labour) on Friday, 25 June 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 data he has collated on the extent of the cross-subsidy of Parcel Force by Royal Mail in the financial years from 1994 to 1998.
Answer

Mr. Fallon: To ask the Secretary of State for Trade and Industry what data he has collated on the extent of the cross-subsidy of Parcelforce by Royal Mail in the financial years from 1994 to 1998. [85734] Mr. Ian McCartney: The losses incurred by Parcelforce in recent years have been covered by loans from the Group Centre.


Secondary information

Type
Written question
Reference
333 c474W; 85734
Session
1998-99
Subjects
Finance Postal services Royal Mail Parcelforce