Post Office Network

Part of the debate – in the House of Commons at 3:30 pm on 28th June 2000.

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Photo of Stephen Byers Stephen Byers Secretary of State, Department of Trade and Industry 3:30 pm, 28th June 2000

The hon. Gentleman talks about 17p. In fact, for a pension the figure is 13p at the moment. He should get the facts right if he can. The figure will be part of the transactions entered into, and it is appropriate that that should be so.

We have made provision in the spending review to underpin the report's recommendations, and that will be made clear in July when we announce those proceedings.

The Conservatives' difficulties on the Post Office were very clear from the hon. Lady's response. Their policy was to privatise and break up the Post Office. We have given it commercial freedom and we will support modernisation and the development of new areas of business. The message for the Post Office and rural and urban communities that care about it is clear: neglect, decline and closures under the Conservatives; vision, investment and a future under Labour.