Question

To ask the Secretary of State for Business, Innovation and Skills, what safeguards he plans to put in place in relation to the sale of the remaining public stake in Royal Mail in light of the reports into the privatisation of Royal Mail in 2013 of the Business, Innovation and Skills Committee, National Audit Office and the Noble Lord Myners; and which specific recommendations of those reports he plans to adopt directly.

These reports related to the Royal Mail Initial Public Offering. The recent sale of shares was through an accelerated bookbuild process to institutional investors.