Royal Mail Debate

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Jim Cunningham

Main Page: Jim Cunningham (Labour - Coventry South)
Tuesday 1st April 2014

(10 years, 7 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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Indeed, that was an utter scandal and it provided a salutary warning about choosing that approach to privatisation.

Jim Cunningham Portrait Mr Jim Cunningham (Coventry South) (Lab)
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This Government, like the previous Conservative Government, have form. One need only look at the denationalisation of the energy industry and the railways, which were sold off cheap. What will the Secretary of State do about the increase in the price of stamps and the redundancies at Royal Mail?

Vince Cable Portrait Vince Cable
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The hon. Gentleman will know that the first-class stamp is subject to regulation. He assumes that the commitment to sell off Royal Mail was simply a product of this Government and previous Conservative Governments. He seems to have forgotten that the last Labour Government tried to privatise Royal Mail.