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 Brooke of Alverthorpe Lord Brooke of Alverthorpe Labour 3:40 pm, 16th December 2008

My Lords, does my noble friend agree that some of the most competitive organisations and companies in the country are those where employees have a substantial stake in those companies and enterprises? On occasions, investigations have been made into the possibility that one way that industrial relations could be improved in the Royal Mail would be by finding means and methods of giving employees a greater stake in the enterprise. Is that still on the agenda and, if so, would it be reviewed in the context of the changes proposed?