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Post Office Network

Trade and Industry written question – answered on 16th January 2007.

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Photo of Edward Davey Edward Davey Shadow Minister without Portfolio, Liberal Democrat Spokesperson (without Portfolio)

To ask the Secretary of State for Trade and Industry how the £1.7 billion for the Post Office Network announced on 14 December 2006 will be spent, broken down by main budget heading.

Photo of Jim Fitzpatrick Jim Fitzpatrick Parliamentary Under-Secretary (Employment Relations & Postal Services)

The Government intend to provide up to £1.7 billion, subject to state aid clearance, between now and 2011 in support of the post office network.

A detailed breakdown of our funding is not yet available and will be dependent, following the conclusion of Government's national consultation, on how Post Office Ltd. intends to implement the necessary restructuring of the network to meet the framework set by Government's proposals.

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