Written Question·Department for Business and Trade·UIN 47842
Postal Services: Assets
Tabled: 24 April 2025
Answered: 1 May 2025
Named DayQuestion
Kim Johnson
Labour — Liverpool Riverside
To ask the Secretary of State for Business and Trade, what legal powers her Department holds to intervene in matters relating to the sale or transfer of assets within the postal service sector.
Answer
Gareth ThomasPost Office recently announced that it will be moving to a fully-franchised network. Transitioning to a franchise model will help in tackling the losses that directly managed branches incur on a sustainable basis, as this is expected to result in over £10...
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