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Postal Services

Question for Department for Business, Innovation and Skills

UIN 218700, tabled on 15 December 2014

To ask the Secretary of State for Business, Innovation and Skills, if he will make an assessment of the financial sustainability of the Universal Postal Service in (a) 2019-20, (b) 2020-21, (c) 2021-22, (d) 2022-23 and (e) after 2023.

Answered on

2 January 2015

Parliament has given Ofcom, as an independent regulator, the primary statutory duty to secure the provision of a universal postal service and to have regard for its financial sustainability.

Ofcom have a detailed monitoring and forecasting regime in place to assess the health of the universal postal service on a monthly basis and if the evidence suggests the need for a further review – which can be carried out at any given point in time - Ofcom would not hesitate to do this.

Answered by

Department for Business, Innovation and Skills