Prime Minister's question asked in the House of Commons, by Adrian Bailey (Labour). It was answered on Wednesday, 15 October 2014 on behalf of the Prime Minister.

Engagements

Question

Mr Adrian Bailey (West Bromwich West) (Lab/Co-op):

In the light of the National Audit Office’s estimate of a £750 million cost to the taxpayer of the sale of Royal Mail, what measures will the Government take to ensure that when they sell Eurostar, the City gravy train will not take the taxpayer for a ride yet again?

Answer: Let me say to the hon. Gentleman that there was not a cost to the taxpayer of the sale of Royal Mail. There was a benefit to the taxpayer, because for the first time we had a receipt in for the sale and no longer had, as we did in the Labour years, loss after loss after loss. We are looking at expressions of interest for the business that he mentions and we will make sure that we get value for money for the taxpayer if we look to involve the private sector.

Secondary information

Type: Oral question
Reference: 586 cc294-5
Session: 2014-15
Oral question type: 1st Supplementary
Chamber / Committee: House of Commons chamber
Subjects: Privatisation Eurostar
Link: View this Prime Minister's question on www.publications.parliament.uk

Engagements

Secondary information

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