Royal Mail Debate

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Tuesday 1st April 2014

(10 years, 7 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

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Vince Cable Portrait Vince Cable
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I think the hon. Gentleman is the third person who has asked the same question. I will give him the same answer: an independent valuation has been made of those assets and it was published in the prospectus.

Catherine McKinnell Portrait Catherine McKinnell (Newcastle upon Tyne North) (Lab)
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Sadly for the British taxpayer, the NAO report is no April fool. The Secretary of State claims that the sale met all the Government’s objectives. Will he now confirm which hedge funds that donate to the Conservative party benefited from the sale? If he cannot confirm that now, will he write to me and do so? Will he confirm whether that was one of the Government’s objectives?

Vince Cable Portrait Vince Cable
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I can assure the hon. Lady that I have no responsibilities for the Conservative party, and I have no wish to have any.