Royal Mail Group: Vesa Equity Investment
(asked on 27th January 2023) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of acquisition of Royal Mail by Vesa Equity on the future of the Universal Service Obligation.
This question was answered on 6th February 2023
The Universal Service Obligation is a legally binding commitment on the designated universal service provider and its ongoing provision would be required irrespective of ownership of the business.