PARLIAMENTARY WRITTEN QUESTION
Royal Mail: Universal Service Obligation (26 July 2024)
Question Asked
To ask the Secretary of State for Business and Trade, what recent assessment he has made of the proposals by prospective buyers of Royal Mail.
Asked by:
Chris McDonald (Labour)
Asked by:
Chris McDonald (Labour)
Answer
The Government acknowledges the undertakings set out in the offer to shareholders which show that the prospective buyers are alert to the importance of Royal Mail and the special place it has in the UK.
We are engaging with the bidder to understand better their plans for Royal Mail and to set out the Government’s expectations for its future.
Answered by:
Justin Madders (Labour)
2 September 2024
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