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Postal Services

Volume 885: debated on Thursday 30 January 1975

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asked the Secretary of State for Industry as agency services contribute about 50 per cent. of the turnover of postal services of £10 billion, if he is satisfied that the services should contribute only £81 million, or 13 per cent., out of total income from the posts of £631 million; and if he is satisfied that sufficient charges are made for these services.

I regret I do not recognise the figures quoted in relation to the turnover of the postal services, but Post Office charges for agency services cover all appropriate costs and provide the Post Office with an agreed margin of profit.