Proceeding contribution from Baroness Dean of Thornton-le-Fylde (Labour) 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
I noticed that the noble Lord was somewhat distracted. My concern on this amendment is that if, on looking at the indebtedness of a potential USP, the Government come forward with a wholly acceptable measure, they do not do so after the boat has sailed—in other words, not after the sale. That is because the debt level which may or may not be raised by whatever model the Government decide on for the sale could still burden the company, although there would be provision for the future. Will the Minister please take that into account when he considers the matter before Report?
Secondary information
- Type
- Proceeding contribution
- Reference
- 726 c1801
- 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
Librarians' tools
- Timestamp
- 2023-12-15 15:34:29 +0000
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