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


Postal Services Bill

Exactly. That will be one of the determining factors in whether post office sub-postmasters and other employees want to work within a mutual framework. The fact remains that Royal Mail, driven by an imperative to make more profit, will be bound to re-examine some of its contracts with the Post Office, and there is no guarantee that they will be sustained. About a third of Post Office Ltd's total income is dependent on those contracts with Royal Mail, and that creates a degree of uncertainty and risk that could well work against those involved in the Post Office being prepared to accept a mutual organisation.


Secondary information

Type
Proceeding contribution
Reference
517 c386 
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