§ Mr. Leigh
As my right hon. Friend the President of the Board of Trade anticipated in his statement to the House on 15 July, he has asked the Post Office Board to make available financial support to help Parcelforce management and employees in putting together a bid for the business, should they wish to do so, in competition with other potential bidders. Red Star Parcels is a division of the British Rail Parcels Group and questions arising from its privatisation are a matter for my right hon. Friend the Secretary of State for Transport.