HC Deb 02 February 1968 vol 757 cc419-20W
Sir Knox Cunningham

asked the Postmaster-General what is the annual cost to public funds and the total annual cost, respectively, of running the Post Office newspaper.

Mr. Edward Short

The cost to Post Office funds ofCourier over its first 12 months of operation—October, 1966 to September, 1967—was £ 45,661.

The total cost of production including staffing, pension liability, accommodation, printing, etc. was £72,726. Set against this were sales at 3d. a copy producing £19,239 and advertising revenue of £7,826. Circulation is rising at the rate of about 3,000 a month. Advertising revenue should rise with circulation and together with increased sales should im- prove the relation between total cost and net cost.