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Post Office Pensions

Volume 407: debated on Wednesday 18 June 2003

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To ask the Secretary of State for Trade and Industry if she will make a statement on the (a) reported deficit in the pension fund of Royal Mail Group and (b) treatment of the pension credit in Consignia's last two annual accounts and the six monthly accounts for September 2002; and if she will estimate the total change in credit and deficit in those accounts. [114582]

[holding answer 22 May 2003]: These are matters that fall within the day-to-day responsibility of Royal Mail. I have therefore asked the company's chief executive to reply direct to the hon. Member.