Oral Answers to Questions

Baroness Clark of Kilwinning Excerpts

Wednesday 30th October 2013 Commons Chamber

[The Prime Minister]

That was an important step forward in encouraging inward investment into our country to help fund our nuclear programme. That means that we will have dependable supplies of low-carbon electricity long into the future. People might oppose foreign investment—it sounds now like the Labour party opposes foreign investment and with all the flip-flops the Opposition have done this week, I would not be at all surprised if they did not start to oppose nuclear energy, too—but getting that foreign investment means that we can use our firepower to build hospitals, to build schools, to build roads and railways and modernise our country.

[Katy Clark (North Ayrshire and Arran) (Lab)]

Q9. Does the Prime Minister believe that Royal Mail was undervalued?

[The Prime Minister]

Considering that Royal Mail in the past was losing billions of pounds, the whole country is far better off with Royal Mail in the private sector. I just talked about flip-flops and here is another from the Labour party. Who said that we needed to privatise Royal Mail in the first place? Anyone? Where is Peter Mandelson when you need him? Labour said that we needed private capital—I agree; they said we needed private management—I agree. It has taken this Government to deliver the policy.