Royal Mail Debate

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Wednesday 10th July 2013

(10 years, 10 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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If there are particular defects or a genuine breakdown in universal services in an area we can consider that, but that is not my understanding of how the service operates.

Jonathan Edwards Portrait Jonathan Edwards (Carmarthen East and Dinefwr) (PC)
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The Secretary of State mentioned increased profitability in states where postal services have been privatised, but was that achieved on the back of increased prices and reduced delivery days, as in Holland? What does he think the effect will be on small businesses located in rural areas if costs spiral and delivery days are reduced?

Vince Cable Portrait Vince Cable
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Costs will not spiral and, as I said in an earlier answer, the regulator has imposed a cap on the cost of a second class stamp. Other elements that small businesses in rural areas need, such as a guarantee of the universal service obligation, lie at the heart of what I have been saying this afternoon.