§ Mr. Heseltineasked the Secretary of State for Industry what is his latest estimate of the profit or loss of the Post Office for the current year.
§ Mr. Gregor MackenzieThe forceast underlying my right hon. Friend's Budget speech was a deficit of £70 million at current prices. But the Chairman of the Post Office informed me last week that this figure is now likely to be higher and I have asked him for further information. I shall, of course, keep the House informed.