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Post Office Card Account

Volume 458: debated on Thursday 29 March 2007

To ask the Secretary of State for Work and Pensions what discussions he has had with representatives of the banking industry on the development of the new Post Office card account; and if he will make a statement. (130191)

My officials regularly meet with representatives of the banking industry to discuss issues of mutual interest, including wider developments in the banking world.

The Government have decided that there will be a new service after 2010 when the contract for the Post Office card account ends. In accordance with the EU procurement rules. We will tender competitively for this product and a notice will be placed in the Official Journal of the European Union shortly.