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Proceeding contribution from Viscount Eccles (Conservative) in the House of Lords on Monday, 14 March 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill.


Postal Services Bill

Hooper said in 2010 that the situation had worsened, although he acknowledged that things were happening at Royal Mail which were a great improvement. The big snag with an IPO is that it does not bring Moya Greene’s £2 billion. The noble Lord, Lord Clarke of Hampstead, would certainly buy some shares, and I might if the price was low enough, but you would not get any part of the £2 billion from either of us.


Secondary information

Type
Proceeding contribution
Reference
726 c102-3 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Disability Conditions of employment Assets Industrial relations Investment Private sector Northern Ireland Privatisation Property transfer Older people Staff Post offices Postal services Ofcom Post Office Scotland Small businesses Shares Trade unions Wales Rural areas Royal Mail Universal service obligation Parcelforce
Legislation
Postal Services Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk