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Proceeding contribution from Lord Brooke of Alverthorpe (Labour) in the House of Lords on Tuesday, 24 March 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill [HL].


Postal Services Bill [HL]

We are all trying to get the same objective delivered at the end of the day; the defence of the universal service is certainly paramount to us. However, is my noble friend denying the projected loss for Royal Mail next year in figure 19 of the Hooper report? Present expectations are that the losses will be £52 million, £43 million in the following year, £86 million in the following year, and £96 million in the following year.


Secondary information

Type
Proceeding contribution
Reference
709 c600 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Conditions of employment Directors Bank services Industrial relations Finance Governing bodies Income Government assistance Government shareholding Private sector Public appointments Property transfer Public consultation Staff Post offices Postal services Ofcom Post Office Stocks and shares Royal Mail Reorganisation Postal Services Sector Review Employee ownership
Legislation
Postal Services Bill (HL) 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk