Question

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 9 April 2014, Official Report, column 292W, on Royal Mail, from which directorate each member of staff working on the privatisation of Royal Mail was drawn.

The core team of 17 people working on the sale of Royal Mail shares comprised staff from the Shareholder Executive. Staff in other BIS Directorates contributed to the work - primarily from Legal Directorate, Finance Directorate, Press Office and Economics and Markets Directorate.

The project received scrutiny outside BIS from the Cabinet Office’s Major Projects Authority and a Treasury Approval Point panel.