§ Mr. Harry GreenwayTo ask the President of the Board of Trade what was the income to the Post Office during the past year from the sale of Post Office buildings; what was the cost of establishment from new Post Office buildings; and if he will make a statement.
§ Mr. PageThe income to the Post Office in the financial year 1993–94 from the sale of Post Office buildings was £13.5 million. The cost of establishment of new Post Office buildings is not recorded separately. Investment in land and buildings—including leased premises—in the financial year 1993–94 was £114 million. This figure includes the costs of refurbishing and adapting existing buildings.