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Proceeding contribution from Roger Gale (Conservative) in the House of Commons on Wednesday, 27 October 2010. It occurred during Debate on bill on Postal Services Bill.


Postal Services Bill

I shall support Second Reading because Royal Mail is broke. It has to be fixed, which will take a considerable amount of money, and the Bill is the only way forward. The Secretary of State may consider this a peripheral issue but, since Queen Victoria, Royal Mail has borne the royal imprimatur. My understanding is that under European regulations, it is not possible to restrict ownership of Royal Mail once it goes on to the open market, so it could well be sold to the Dutch or the Germans. Notwithstanding the provisions of clause 60, how will the royal charter be maintained?


Secondary information

Type
Proceeding contribution
Reference
517 c356 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Closures Cooperatives Privatisation Workplace pensions Redundancy Post offices Pension funds Postal services Post Office Standards Regulation Subsidies Royal Mail
Legislation
Postal Services Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk