HL Deb 28 November 1994 vol 559 c30WA
Lord Jenkins of Putney

asked Her Majesty's Government:

Whether they intend to follow the example of British Nuclear Fuels, or the Labour Party's proposals for the British Broadcasting Corporation, in providing the Post Office with a degree of commercial freedom without depriving it of the standing of a public corporation.

Earl Ferrers

The Government are considering the way ahead for the Post Office under current legislation. In doing so we are looking at a variety of possibilities. There are clear limits, however, to the commercial risks which a public sector organisation, underwritten by the taxpayer, should undertake with public funds, particularly when operating in a competitive domestic market.