Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the sale of Royal Mail on its (a) workforce and (b) customers.
The Government has ensured that the potential takeover of Royal Mail has been properly scrutinised and that appropriate guarantees have been put in place to protect the interests of the workforce, customers and the country. These guarantees include the bidder’s agreements with the unions and commitments to the Government to ensure the ongoing provision of services and the protection of the network required to deliver those services. Additionally, the company has an ongoing requirement to fulfil its statutory and regulatory responsibilities, regardless of its ownership.