Written question asked by Chuka Umunna (Labour) on Wednesday, 10 June 2015, in the House of Commons. It was due for an answer on Tuesday, 16 June 2015 (named day). It was answered by Anna Soubry (Conservative) on Tuesday, 16 June 2015 on behalf of the Department for Business, Innovation and Skills.

---

Royal Mail

Question

To ask the Secretary of State for Business, Innovation and Skills, what safeguards he plans to put in place in relation to the sale of the remaining public stake in Royal Mail in light of the reports into the privatisation of Royal Mail in 2013 of the Business, Innovation and Skills Committee, National Audit Office and the Noble Lord Myners; and which specific recommendations of those reports he plans to adopt directly.

Answer

These reports related to the Royal Mail Initial Public Offering. The recent sale of shares was through an accelerated bookbuild process to institutional investors.

---

Secondary information

Type

Written question

Reference

1840

Session

2015-16

Subjects

Government shareholding Privatisation Shares Royal Mail

Link

View this Written question on www.parliament.uk