[an error occurred while processing this directive]
[an error occurred while processing this directive]
On-Air Now
Facebook

Minister asked to explain Post Office safeguards

Tue, 24 May 2016


The Economic Development Minister is being asked to provide reassurance over potential plans to corporatise the Post Office.
 
In the House of Keys today Laurence Skelly will reveal what safeguards are in place to stop the office "competing unfairly". 
 
Onchan MHK Peter Karran wants to know how he plans to stop the office cross subsidising postal services with profits generated in other markets. 
 
Plans to corporatise the Post Office failed in April - despite Tynwald voting in favour of the principle of corporatisation the specific plan put forward was rejected. 
 
Mr Skelly will also be asked to confirm whether the Post Office would be required to lodge its accounts with Companies Registry if it is set up as a new company.

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed
More News Stories
[an error occurred while processing this directive]

News Archive