Postal Services Bill

Part of Planning (Developer Bonds) – in the House of Commons at 4:23 pm on 27th October 2010.

Alert me about debates like this

Photo of Adrian Bailey Adrian Bailey Chair, Business, Innovation and Skills Committee 4:23 pm, 27th October 2010

Exactly. That will be one of the determining factors in whether post office sub-postmasters and other employees want to work within a mutual framework. The fact remains that Royal Mail, driven by an imperative to make more profit, will be bound to re-examine some of its contracts with the Post Office, and there is no guarantee that they will be sustained. About a third of Post Office Ltd's total income is dependent on those contracts with Royal Mail, and that creates a degree of uncertainty and risk that could well work against those involved in the Post Office being prepared to accept a mutual organisation.