Question
To ask the Secretary of State for Business, Innovation and Skills, for what reason the public will not be able to buy shares in Royal Mail during the sale of the Government's holding; and if he will make a statement.
The public can currently buy Royal Mail shares as they are freely traded on the stock market.
As set out in the Secretary of State’s report to Parliament laid under section 2(2) of the Postal Services Act 2011 on 8 June, the sale of shares will be subject to market conditions and sensitivities and the Government will retain flexibility over the number of shares that are sold at any given time and the exact timing and structure of each sale.