Written question asked by Lord Boswell of Aynho (Conservative) on Monday, 18 January 1999, in the House of Commons. It was due for an answer on Tuesday, 26 January 1999. It was answered by Ian McCartney (Labour) on Tuesday, 26 January 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 financial obligations have been incurred by the Post Office in its acquisition of and indirect stake in General Parcel arising from its purchase of German Parcel. - Including figure. (Holding answer 21 January 1999).

Answer: Mr. Boswell: To ask the Secretary of State for Trade and Industry what financial obligations have been incurred by the Post Office in its acquisition of and indirect stake in General Parcel arising from its purchase of German Parcels. [66835] Mr. Ian McCartney: [holding answer 21 January 1999]: Through its acquisition of German Parcels, the Post Office has also acquired 23 per cent. of the shares in General Parcel. I understand that there are no material additional financial obligations directly resulting from that shareholding.

Secondary information