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Royal Mail: Government Assistance

Volume 462: debated on Monday 25 June 2007

To ask the Secretary of State for Trade and Industry pursuant to the answer of 15 June 2007, Official Report, column 1419W, on Royal Mail: Government assistance, what the independent sources are that have verified the status of Government support to Royal Mail. (145076)

The Department used a number of external commercial advisers to ensure that the financial arrangements that are currently being investigated by the European Commission were made on a commercial basis. The main source of independent advice has been Deloitte. Advice was also obtained from Credit Suisse, Strategia and Herbert Smith.