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Post Office Revenue

Volume 436: debated on Tuesday 15 April 1947

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asked the Assistant Postmaster-General the gross revenue of his Department for the financial year ended 31st March, 1947; and the expenses incurred during the same period.

The Post Office revenue paid into the Exchequer in the year ended 31st March, 1947, was £131 million, and the issues from the Exchequer to meet Post Office expenditure were £133,820,000. The commercial results will not be known for some months, but it is expected that, including the value of services rendered or received without payment, revenue will be approximately £171 million and expenditure approximately £146 million.