Postal Services Bill

Part of Planning (Developer Bonds) – in the House of Commons at 2:05 pm on 27th October 2010.

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Photo of Vincent Cable Vincent Cable The Secretary of State for Business, Innovation and Skills 2:05 pm, 27th October 2010

I shall address the pension proposals in some detail. They are virtually identical to what the previous Government were preparing to do. We are talking about taking on a massive liability from that fund. Let me remind the hon. Gentleman, who seems to be trying to defend the status quo, that he lost 13 post office branches under the previous Government. We are trying to deal with the problem that he and others have faced.