Justin Madders

Justin Madders

Labour — Ellesmere Port and Bromborough

Speaking in the House of Commons on 16 December 2024

Debate

Royal Mail Takeover

Contribution

There are a number of safeguards in the deed of understanding that relate to value extraction, so the EP Group will not be able to take profits out of the company unless there is an improvement in performance; there are also safeguards in respect of debt leverage. I hope that gives my hon. Friend the assurances he is looking for.

More from Justin Madders

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Justin Madders's full parliamentary record including voting history, expenses and all other contributions, see the Justin Madders report card.