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Proceeding contribution from Lord Clarke of Hampstead (Labour) in the House of Lords on Tuesday, 31 March 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill [HL].


Postal Services Bill [HL]

I am sorry to come back on this again. Regarding the Secretary of State’s last comment, is it not a fact that the modernisation programme envisaged by Royal Mail has a total cost of £2 billion? That has been stated publicly. Is it also not the case that some of the money that the Government have already allocated for Royal Mail in the form of borrowing has not been used? Will the figures be within the parameters of what is already in the public domain, or is there something that we do not know about?


Secondary information

Type
Proceeding contribution
Reference
709 c971 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Conditions of employment Contracts Industrial relations Finance Liability EU law Insolvency Government assistance Government shareholding Private sector Pensions Partnerships Post offices Pension funds Pension Protection Fund Postal services Ofcom Postal Services Commission Post Office Modernisation Regulation Voting rights Technology Royal Mail TNT
Legislation
Postal Services Bill (HL) 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk