TISC PN36 0506

TRADE AND INDUSTRY COMMITTEE

COMMITTEE OFFICE HOUSE OF COMMONS
7 MILLBANK LONDON SW1P 3JA

Telephone: 020 7219 5777/5779

PN 36 of Session 2005-06

PRESS NOTICE

Royal Mail Group

The Trade and Industry Committee intends to hold a brief follow-up to previous inquiries into the Royal Mail Group.

The Committee will concentrate on three areas:

  • the extent to which the refinancing package announced by the Government will help Royal Mail to pay for modernisation and deal with its pension fund deficit;

  • the structure of the 'shares' scheme proposed by Royal Mail managers, and its implications for the future of Royal Mail Group; and

  • the future of the Post Office Card Account and the effects on the Post Office network.

The Committee will announce details of oral evidence hearings shortly.

For further information about the inquiry please call the Committee Office on 020 7219 5777/5779.

5 June 2006

ENDS