HC Deb 27 July 1998 vol 317 c52W
Mr. Lansley

To ask the President of the Board of Trade if she will limit the negative external financing limit of the Post Office to a maximum of a figure equivalent to 50 per cent. of the Post Office's post-tax profits. [52404]

Mr. Ian McCartney

As indicated in the Government's memorandum to the Trade and Industry Committee (paragraph 20 of fifth special report published by the Committee on 14 April 1998), the arrangements for setting the Government's financial return from the Post Office are being addressed during the review which was announced by my right hon. Friend on 6 April. We hope to announce our proposals in the Autumn.