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Proceeding contribution from Lord Skelmersdale (Conservative) in the House of Lords on Wednesday, 6 April 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill.


Postal Services Bill

My Lords, I readily understand why the noble Lord, Lord Laird, seeks to protect local post offices, not only in Northern Ireland but in the other far flung parts of the United Kingdom. The trouble is that, with this amendment, he has cast the agreement between Royal Mail and Post Office Ltd in what I would call a leaden block. Not only is 15 years very long term but it means that, when Royal Mail is sold, there will be absolutely no opportunity within that 15 years to change the agreement, which might well be to the benefit of both sides. In the initial sale, the pre-nup agreement, as the noble Lord, Lord Stevenson, has just called it, will come as part of that particular package, but, as I have said, over a period of perhaps very few years, it may be to the mutual interest of both sides of the equation to come to renew the agreement. As far as I can see it, the amendment of the noble Lord, Lord Laird, prevents that happening.


Secondary information

Type
Proceeding contribution
Reference
726 c1795 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
Contracts Devolved matters Competition Finance Insolvency Privatisation Workplace pensions Staff Post offices Prices Pension funds Postal services Parcels Ofcom Postal Services Commission Post Office Postage stamps Reform Wales Surcharges Rural areas Royal Mail Universal service obligation Operating costs British Postal Museum and Archive
Legislation
Postal Services Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk