Royal Mail: Finance

(asked on 30th November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to launch an inquiry into the management of funds by Royal Mail Group Ltd.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 13th December 2022

Royal Mail is a private business and the management of its finances are matters for its Board and shareholders.

Company directors are scrutinised internally and externally by shareholders and the various government authorities that oversee companies within the UK, namely Companies House and HMRC.

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