HC Deb 24 October 1963 vol 682 c250W
Dame Edith Pitt

asked the Postmaster-General what is the financial target of the Post Office in accordance with the policy embodied in Command Paper No. 1337.

Mr. Bevins

I have agreed a financial target for the five years 1963–64 to 1967–68. The Post Office will aim at an average return—before deducting interest or making provision for supplementary depreciation—of 8 per cent, on its net assets during this period.