David Reed

David Reed

Conservative — Exmouth and Exeter East

Speaking in the House of Commons on 18 March 2026

Debate

Royal Mail: Performance

Contribution

I have been looking at the numbers over the last few years, and Royal Mail has gone from significant losses of about £400 million three years ago, to £200 million losses, to making a £14 million profit last year. Because it is a privately owned company—we will come on to that—it has cut a lot of fat away, but it has also cut away muscle. Prices have increased, but the service has gone down. That is completely unacceptable, and it is probably the reason why we are all here today.

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