Chuka Umunna – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Chuka Umunna on 2014-04-03.

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 16 December 2013, Official Report, column 415, on Royal Mail, over what time period the (a) final price achieved and (b) aftermarket performance of the shares will be assessed under the benchmarks set by the Government.

Michael Fallon

We have not set a rigid timetable for the assessment of whether the discretionary payment should be made. As seen in recent days, there is still volatility in Royal Mail’s share price.