ROYAL MAIL

Early day motion 738, tabled 14 September 2010 by Jim Dobbin (Labour). Signed by 80 members.

That this House opposes proposals put forward by the Government to privatise Royal Mail; notes that Royal Mail's profits rose by 26 per cent. to 404 million in 2010; fully supports the modernisation programme agreed by management and unions; further notes that these modernisation plans are fully funded and require no external financial investment from private companies; believes that any decision to remove Royal Mail from public ownership would be deeply unpopular with the public; fears that the Government's proposals will result in increased prices for customers; and calls on the Government to re-examine other ways to support the modernisation of Royal Mail and in doing so ensure that Royal Mail remains a wholly publicly-owned organisation.

Signatures by party: Labour 72, DUP 2, Plaid Cymru 2, Social Democratic and Labour Party 2, Green 1, Liberal Democrat 1.