§ Mr. RedwoodTo ask the Secretary of State for Trade and Industry (1) if she will publish the terms of the Chairman's performance linked remuneration at the Post Office; [63341]
(2) whether the Chairman of the Post Office will receive a bonus if the Post Office loses less than it did in the current year. [63342]
§ Mr. Timms[holding answer 20 June 2002]: Allan Leighton's basic fee for part-time Chairmanship of Consignia is £20,000 per annum. The performance-related element of his remuneration package, linked to delivery of the company's strategic plan, is being finalised and will be made public.