Stephen Mosley
Main Page: Stephen Mosley (Conservative - City of Chester)Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Vince Cable
No bonuses have been paid and there is no pressure on the Government to make a decision on that at the moment.
Stephen Mosley (City of Chester) (Con)
We are having this urgent question because the flotation of Royal Mail was more successful than anybody thought possible up front. Almost 100% of employees took up their shares, 700,000 retail investors bought shares, and institutions invested massively. The Government are now a 30% shareholder. What plans do they have for the long-term future of their shareholding?
Vince Cable
That is an option we wish to keep open and we have no immediate plans to dispose of it.