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Royal Mail

Business, Innovation and Skills written question – answered on 10th July 2013.

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Photo of Chris Ruane Chris Ruane Labour, Vale of Clwyd

To ask the Secretary of State for Business, Innovation and Skills if he will outline the present timeline for the privatisation of the Royal Mail.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change

I laid a report in Parliament today that set out the Government's intention to sell shares in Royal Mail through an Initial Public Offering (IPO) in this financial year.

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