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 Roger Gale Roger Gale Conservative, North Thanet 2:05 pm, 27th October 2010

I shall support Second Reading because Royal Mail is broke. It has to be fixed, which will take a considerable amount of money, and the Bill is the only way forward. The Secretary of State may consider this a peripheral issue but, since Queen Victoria, Royal Mail has borne the royal imprimatur. My understanding is that under European regulations, it is not possible to restrict ownership of Royal Mail once it goes on to the open market, so it could well be sold to the Dutch or the Germans. Notwithstanding the provisions of clause 60, how will the royal charter be maintained?