Royal Mail — Statement

Part of the debate – in the House of Lords at 3:40 pm on 16th December 2008.

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Photo of Lord Mandelson Lord Mandelson Secretary of State, Department for Business, Enterprise & Regulatory Reform, Secretary of State for Business, Enterprise and Regulatory Reform 3:40 pm, 16th December 2008

My Lords, this is a matter for the management of the Royal Mail, I am relieved to say. I heard an item on the BBC on this issue and, as I had more than a passing interest, I made inquiries. I discovered that the requirement is not 4 miles per hour but 2 miles per hour. I am happy to give the noble Lord that commitment on privatisation. As I have said, we do not desire to privatise the Royal Mail; we do not intend to do so and we have no plan to change that intention. We can go one of two routes: either the partnership route or the privatisation route. We are choosing the partnership route, which is the best one to take.