HC Deb 25 July 2000 vol 354 c522W
Dr. Cable

To ask the Secretary of State for Trade and Industry what the size is of the major package for the Post Office network provided for in the 2000 Spending Review, paragraph 15.12. [132456]

Mr. Alan Johnson

The 2000 Spending Review includes a provision for ring-fenced funding of £270 million as the first stage of the investment in a range of measures to modernise the post office network. The Government have also made clear that they are prepared to add significantly to this investment over the next few years. The amount of further financial support will be determined once viable proposals have been drawn up and approved.