HC Deb 20 July 1999 vol 335 c456W
Ms Lawrence

To ask the Chancellor of the Exchequer what are the performance targets for the Royal Mint for 1999–2000. [92281]

Ms Hewitt

I have set the Royal Mint the target of achieving a rate of return on average net assets of 14.6 per cent. for 1999–2000 which is an increase over the target of 14.3 per cent. set for 1998–99.

The Royal Mint's other performance targets have also been tightened. The new targets are for: 96 per cent. of accepted orders from UK banks and the Post Office for UK circulating coin to be delivered within 11 working days; 95 per cent. of UK collector coin orders from individual UK customers to be delivered within 25 days; 97 per cent. of medals orders to be delivered by the agreed delivery date; 99.7 per cent. of collector products accepted by individual UK customers.

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