Post Office

Department for Business, Energy and Industrial Strategy written question – answered on 19th November 2018.

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Photo of Lord Arbuthnot of Edrom Lord Arbuthnot of Edrom Conservative

To ask Her Majesty's Government what criteria they use when considering whether to give permission under Article 11.1(O) of the Articles of Association of Post Office Limited to incur a commitment or liability of more than £50 million.

Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

As the sole Shareholder, the Government expects the Post Office Limited to ensure value for money principles in its use of resources at all times. Requests for consent are considered in the light of these principles.

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