Post Office

Part of the debate – in the House of Commons at 9:46 pm on 29 January 2002.

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Photo of Nigel Griffiths Nigel Griffiths Parliamentary Under-Secretary, Department of Trade and Industry 9:46, 29 January 2002

My hon. Friend provokes me to say that profitability in the Tory years was gained at the risk of investment; the drive was for profits, not for letting investment go ahead. The history of low investment could not be seen more clearly than in automation and computerisation. In 1997, not one branch of the Post Office was computerised; two years later, a Labour Government had invested £450 million and connected all sub-post offices—[Interruption.] Yes, I am addressing the very issue raised by Mr. Liddell-Grainger.