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Department: Department for Business, Energy and Industrial Strategy

Philip Hollobone

Main Page: Philip Hollobone (Conservative - Kettering)

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Philip Hollobone Excerpts

King’s College Hospital Foundation Trust
Tuesday 12th December 2017

(7 years ago)

Commons Chamber
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Margot James Portrait Margot James
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My hon. Friend makes a very good point. When Royal Mail was privatised, Amazon was one of Royal Mail’s biggest customers; Amazon is now one of its biggest competitors. So he is absolutely right. More investment in technology and modernisation is required if Royal Mail is to maintain its market position.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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The posties in Kettering work extremely hard all year round and do a tremendous job, especially at Christmas. What is the value of the average postal worker’s individual stake in Royal Mail?

Margot James Portrait Margot James
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I can confirm to my hon. Friend that the workforce own 12% of Royal Mail, which is a fact that the leadership of the Labour party should consider as it contemplates a round of nationalisation.

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