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Consignia

Part of the debate – in the House of Lords at 2:39 pm on 30th April 2002.

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Photo of Lord Sainsbury of Turville Lord Sainsbury of Turville Parliamentary Under-Secretary (Science and Innovation), Department of Trade and Industry, Parliamentary Under-Secretary (Department of Trade and Industry) (Science and Innovation) 2:39 pm, 30th April 2002

My Lords, clearly the Government would like to see Consignia become a major international player. Consignia already has, through acquisition, entered into several overseas markets. Obviously, the company is in difficulty at present and in March it announced the first phase of its renewal plan to turn the company around. Once the UK market is further liberalised—obviously, the timing of that is a matter for Postcomm—Consignia will need to become more efficient and give better customer service. That is, of course, an essential requirement if it is to become an international player.