HC Deb 06 March 2002 vol 381 c414W
Brian Cotter

To ask the Secretary of State for Work and Pensions what level of investment the Government have committed themselves to providing for the universal bank project. [34794]

Malcolm Wicks

The Department, together with the Inland Revenue and the Northern Ireland Social Security Agency, are close to finalising contractual terms with the Post Office for universal banking services. The amounts involved will be commercially confidential to the parties.

Brian Cotter

To ask the Secretary of State for Work and Pensions whether the Government have reached an agreement with the high street banks as to the level of funding that they will invest in the universal bank project. [34792]

Malcolm Wicks

I refer the hon. Member to the reply given by my hon. Friend the Minister for E-Commerce and Competitiveness on 30 October 2001,Official Report, columns 589–90W.