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Inland Parcel Post

Volume 526: debated on Wednesday 7 April 1954

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77.

asked the Assistant Postmaster-General the result in terms of cost and receipt for the inland parcel post for the year 1952–53.

The estimated cost of operating the inland parcel service in 1952–53 was £14,650,000, while the revenue was £13,800,000. Thus there was a loss of £850,000 in that year.

78.

asked the Assistant Postmaster-General the estimated result from the proposed increase in the inland parcel post rates.

80.

asked the Assistant Postmaster-General what increased revenue is expected from the increased charges for the inland parcel post and the new charges for parcels to the Irish Republic.

It is estimated that the increased parcel rates which will come into force on 12th April will produce additional gross revenue in 1954–55 of about £l,·4 million, which will be partly offset by additional payments to the railways of about £550,000 in respect of inland parcels and £50,000 in respect of overseas parcels. The prospective deficit on the inland service will be reduced from about £900,000 to about £50,000.