Royal Mail Debate

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Tuesday 1st April 2014

(10 years, 7 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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Because we no longer own Royal Mail—we are a substantial minority shareholder—we do not dictate to it what its manpower policy should be. Many jobs were of course lost under public ownership. As I understand it, the proposal currently being put forward, and which is being contested by Unite, relates primarily to white collar executives rather than members of the Communication Workers Union, but that is a matter for them to resolve.

Nick Smith Portrait Nick Smith (Blaenau Gwent) (Lab)
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Is not Royal Mail’s property portfolio turning into a property speculators’ goldmine?