Philip Hollobone
Main Page: Philip Hollobone (Conservative - Kettering)Department Debates - View all Philip Hollobone's debates with the Department for Education
(10 years, 3 months ago)
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Vince Cable
I thank the hon. Lady and her colleagues from the potteries who have been to see me about this specific issue. Apparently, there was a meeting of what I think is called COREPER on Monday, but no agreement was reached. There is a divided view on the role of mandatory regulation to deal with this problem. I take a close interest in this matter, and I will follow it up.
Mr Philip Hollobone (Kettering) (Con)
For the 150,000 posties who are now shareholders in Royal Mail, will the Secretary of State or the Post Office Minister tell us what the average value of their individual shareholdings was at flotation and what their average value is now?
The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
It has undoubtedly increased, and we should all welcome that, particularly the commitment of Royal Mail employees to the future success of the company. Perhaps I shall write to my hon. Friend with the exact information he requests.