1-1 of 1 results for subject:Parcels
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Baroness Vadera
Type
House
Session
Year
Department
Member
Primary member
Answering member
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Vadera, Baroness (1)
Legislative stage
Legislation
Subject
Publisher
To ask Her Majesty's Government whether the Royal Mail's parcel business, including General Logistics Service, is to be taken over by any private investor in the Royal Mail.
To ask Her Majesty's Government whether the Royal Mail's parcel business, including General Logistics Service, is to be taken over by any private investor in the Royal Mail.
Asked by
Lord Hoyle
(Labour)
Answered by
Baroness Vadera
(Labour)
Type
Written questions
Status
Answered
Answered on
31 March 2009
The Government are looking for a strategic partner for Royal Mail. It is expected that any sale of shares would be at the Royal Mail Group Ltd level.
Royal Mail Group Ltd incorporates Royal Mail standard parcel and Parcelforce Worldwide services. GLS is a subsidiary of Royal Mail Group Limited and will be considered in that context in negotiations with potential partners.
Subjects
Postal services; Parcels; Sales; Shares; Royal Mail
Date
31 March 2009
Reference
2182; 709 c231-2WA
House
House of Lords