PARLIAMENTARY WRITTEN QUESTION
Postal Services (12 June 2014)
Question Asked
Asked by:
Ian Murray (Labour)
Answer
None.
Under the Postal Services Act 2011, Parliament gave Ofcom the primary duty to secure the ongoing provision of the universal service and to this end Ofcom must also have regard for the provision of a universal service to be financially sustainable.
Ofcom monitors market developments, including any impacts on Royal Mail's performance and operational efficiency, and has the regulatory powers and tools to intervene if the sustainability of the universal service is ever at risk.
As part of its monitoring regime, Ofcom publishes a report every year on Royal Mail's performance and the postal market, and this includes an update on the financial sustainability of the universal service. More information about Ofcom's regulatory regime can be found on its website (www.ofcom.org.uk).
Answered by:
Jenny Willott (Liberal Democrat)
17 June 2014
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