Royal Mail: Universal Service Obligation
The question
To ask the Secretary of State for Business and Trade, what discussions he has had with (a) Royal Mail and (b) prospective buyers for Royal Mail on retaining the universal service obligation.
Answered by Justin Madders
The Secretary of State and I have met with Royal Mail’s parent company, International Distribution Services, and the EP Group to discuss the proposed takeover of IDS.
The universal service obligation is a legally binding commitment on the designated universal service provider and its ongoing provision would be required irrespective of ownership of the business.
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