§ Mr. WeirTo ask the Secretary of State for Trade and Industry if sub-postmasters/mistresses or staff employed to operate the universal bank in sub-post offices who give advice on services or accounts will be required to register under the Financial Services and Markets Act 2000. [39107]
§ Mr. AlexanderThis is essentially a commercial matter for Post Office Ltd. However, my understanding is that sub-postmasters will not be giving financial advice and will not therefore be required to register under the Financial Services and Markets Act 2000.
§ Brian CotterTo ask the Secretary of State for Trade and Industry what discussions she had with the Post Office on the Universal Bank during the final year that her Department was responsible for the scheme. [43339]
§ Mr. AlexanderMinisters and officials at the Department of Trade and Industry have regular discussions with Consignee on a range of issues, including universal banking services.