§ Mr. Charles R. Morrisasked the Secretary of State for Industry if he has made an estimate of the effect that the ending of the Post Office telecommunications monopoly would have on the ability of the business to generate sufficient funds to finance its investment programme, taking into account the consequential loss of revenue stemming from the hiving-off of some of the more profitable activities.
§ Mr. Michael MarshallThe financial consequences of any changes in the telecommunications monopoly have been178W taken into account during the course of the current review. This is now almost complete and I expect my right hon. Friend to make a statement shortly.
§ Mr. Severasked the Secretary of State for Industry what proposals he has for financing future development and research projects within the Post Office.
§ Mr. Michael MarshallThe Post Office's research and development programme is financed out of its own resources.