Postal Services Bill

Part of Planning (Developer Bonds) – in the House of Commons at 3:45 pm on 27th October 2010.

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Photo of Michael Connarty Michael Connarty Labour, Linlithgow and East Falkirk 3:45 pm, 27th October 2010

The hon. Lady is moving on from mutualisation of the post office network. I thought she might ask the Minister where the guarantees will be when the Post Office is mutualised or split off. I believe that we have to put in £270 million at the moment to keep the network alive. I can see no guarantee under the Bill that the Post Office will be supported. How could mutuals find that £270 million to keep the network intact?