Royal Mail: Universal Service Obligation

Department for Business and Trade written question – answered at on 31 July 2024.

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Photo of Jim Shannon Jim Shannon DUP, Strangford

To ask the Secretary of State for Business and Trade, what discussions he has had with (a) Royal Mail and (b) prospective buyers for Royal Mail on retaining the universal service obligation.

Photo of Justin Madders Justin Madders Minister of State (Department for Business and Trade), Parliamentary Under Secretary of State (Department for Business and Trade)

The Secretary of State and I have met with Royal Mail’s parent company, International Distribution Services, and the EP Group to discuss the proposed takeover of IDS.

The universal service obligation is a legally binding commitment on the designated universal service provider and its ongoing provision would be required irrespective of ownership of the business.

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No1 person thinks not

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