Proceeding contribution from Pat McFadden (Labour) in the House of Commons on Wednesday, 11 February 2009. It occurred during Opposition day on Royal Mail.
Royal Mail
We have enshrined the USO in primary legislation and we will continue to do so in the future. The falling volume of mail is not the only challenge facing the company. The pension deficit is another huge challenge. Three years ago, it was valued at £3.4 billion. The most recent estimate, in March 2008, was £5.9 billon. The next valuation is likely to be even worse.
Secondary information
- Type
- Proceeding contribution
- Reference
- 487 c1445;487 c1443
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Cost effectiveness Competition Industrial relations Innovation Government assistance Private sector Workplace pensions Loans Prices Pension funds Postal services Ofcom Postal Services Commission Post Office Modernisation Standards Regulation Technology Royal Mail Universal service obligation Postal Services Sector Review
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-22 00:29:12 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_528864
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