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 Malcolm Wicks Malcolm Wicks Labour, Croydon North 2:05 pm, 27th October 2010

On the pension issue, which is so crucial, Labour Members will want to scrutinise the plan and the idea of selling off the assets in return for guarantees. It seems to me, however, that that plan, whether it is the right one or not, could still be carried out if the service remained a public service. I do not see why it is intrinsically and inextricably linked with privatisation. Something like this needs to be done anyway, whether or not this is the right model.