Graeme Morrice
Main Page: Graeme Morrice (Labour - Livingston)Department Debates - View all Graeme Morrice's debates with the Cabinet Office
(10 years, 9 months ago)
Commons ChamberAll those eminent individuals know that Scotland continues to benefit from being part of the single UK domestic market, and they know that anyone who votes for independence on the basis that Scotland would keep the pound in a currency union is hanging their coat on a very shoogly peg.
5. What assessment he has made of the effects of the privatisation of Royal Mail on people in Scotland.
The privatisation of Royal Mail will protect the universal mail service for the people of Scotland. The Government, with their 30% stake, remain a substantial shareholder committed to the future growth of the company. By transferring the liabilities of the Royal Mail pension plan in April 2012, the Government have safeguarded the benefits for postal workers in Scotland and across the UK that had accrued up until that date.
But can the new Secretary of State provide answers to the many people living in rural Scotland, along with the dwindling band of Scottish Lib Dem supporters, who believe that the coalition Government’s privatisation of Royal Mail is wrong and will lead ultimately to the end of the universal service obligation?
If this privatisation was a threat to rural Scotland I would not support it. This is a privatisation born not from ideology but from necessity. Without it, the real threat would be Royal Mail losing business hand over fist, as it has since his Government liberalised the letter-post market.