I noticed that the noble Lord was somewhat distracted. My concern on this amendment is that if, on looking at the indebtedness of a potential USP, the Government come forward with a wholly acceptable measure, they do not do so after the boat has sailed—in other words, not after the sale. That is because the debt level which may or may not be raised by whatever model the Government decide on for the sale could still burden the company, although there would be provision for the future. Will the Minister please take that into account when he considers the matter before Report?
Postal Services Bill
Proceeding contribution from
Baroness Dean of Thornton-le-Fylde
(Labour)
in the House of Lords on Wednesday, 6 April 2011.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Postal Services Bill.
About this proceeding contribution
Reference
726 c1801 Session
2010-12Chamber / Committee
House of Lords chamberSubjects
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2023-12-15 15:34:29 +0000
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