Universal Service Obligation

Department for Business, Innovation and Skills written question – answered on 2nd January 2015.

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Photo of George Howarth George Howarth Labour, Knowsley

To ask the Secretary of State for Business, Innovation and Skills, if he will make an assessment of the financial sustainability of the Universal Postal Service in (a) 2019-20, (b) 2020-21, (c) 2021-22, (d) 2022-23 and (e) after 2023.

Photo of Jo Swinson Jo Swinson Parliamentary Under-Secretary of State (Department for Education) (Women and Equalities) , The Parliamentary Under-Secretary of State for Business, Innovation and Skills

Parliament has given Ofcom, as an independent regulator, the primary statutory duty to secure the provision of a universal postal service and to have regard for its financial sustainability.

Ofcom have a detailed monitoring and forecasting regime in place to assess the health of the universal postal service on a monthly basis and if the evidence suggests the need for a further review – which can be carried out at any given point in time - Ofcom would not hesitate to do this.

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