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Written question asked by Lord Redwood (Conservative) on Thursday, 14 January 1999, in the House of Commons. It was due for an answer on Monday, 1 February 1999. It was answered by Stephen Byers (Labour) on Monday, 1 February 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 is the cost to the Post Office of the acquisition of German Parcels.
Answer

Mr. Redwood: To ask the Secretary of State for Trade and Industry what is the cost to the Post Office of the acquisition of German Parcels. [66154] Mr. Byers: The Post Office has asked that the precise details of this specific transaction not be released for reasons of commercial confidentiality. The financial implications of Post Office investments will properly be reflected in both published Government and Post Office accounts.


Secondary information

Type
Written question
Reference
324 c499W; 66154
Session
1998-99
Subjects
Costs Postal services Post Office Sales German Parcel