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1712865

registered interest
date	22/04/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses: Postage Stamps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential impact of trends in the level of the cost of stamps on small businesses.
tabling member constituency	Liverpool, West Derby
tabling member printed	Ian Byrne
uin	23066
answer	answer is ministerial correction date of answer 25/04/2024 answer text <p>The Government does not have a role in Royal Mail's commercial decisions, including the prices of stamps and other services.  In setting its prices, Royal Mail must observe the regulatory framework set by Ofcom which imposes price controls, 'safeguard caps', on certain second-class products to ensure a basic universal service is available to all at affordable prices.</p><p>Ofcom reviewed the safeguard caps in 2023, including the impact of price rises on consumers and small and medium sized enterprises, and on 24 January 2024 announced its decision on the retail price caps that would apply to Royal Mail's universal postal services from 1 April 2024 to 31 March 2027.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake grouped question UIN 23067 23068 question first answered 25/04/2024 16:35:23 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4831 label Biography information for Ian Byrne

1712866

registered interest
date	22/04/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Small Businesses: Postage Stamps
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what assessment she has made of the impact of the relative increase in the cost of stamps on small businesses that (a) design and (b) sell greeting cards.
tabling member constituency	Liverpool, West Derby
tabling member printed	Ian Byrne
uin	23067
answer	answer is ministerial correction date of answer 25/04/2024 answer text <p>The Government does not have a role in Royal Mail's commercial decisions, including the prices of stamps and other services.  In setting its prices, Royal Mail must observe the regulatory framework set by Ofcom which imposes price controls, 'safeguard caps', on certain second-class products to ensure a basic universal service is available to all at affordable prices.</p><p>Ofcom reviewed the safeguard caps in 2023, including the impact of price rises on consumers and small and medium sized enterprises, and on 24 January 2024 announced its decision on the retail price caps that would apply to Royal Mail's universal postal services from 1 April 2024 to 31 March 2027.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake grouped question UIN 23066 23068 question first answered 25/04/2024 16:35:23 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4831 label Biography information for Ian Byrne

1712867

registered interest
date	22/04/2024
answering body	Department for Business and Trade
answering dept id	214
answering dept short name	Business and Trade
answering dept sort name	Business and Trade
hansard heading	Postage Stamps: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business and Trade, what assessment she has made of the impact of the relative increase in the cost of stamps on the ability of customers to send (a) letters and (b) greeting cards.
tabling member constituency	Liverpool, West Derby
tabling member printed	Ian Byrne
uin	23068
answer	answer is ministerial correction date of answer 25/04/2024 answer text <p>The Government does not have a role in Royal Mail's commercial decisions, including the prices of stamps and other services.  In setting its prices, Royal Mail must observe the regulatory framework set by Ofcom which imposes price controls, 'safeguard caps', on certain second-class products to ensure a basic universal service is available to all at affordable prices.</p><p>Ofcom reviewed the safeguard caps in 2023, including the impact of price rises on consumers and small and medium sized enterprises, and on 24 January 2024 announced its decision on the retail price caps that would apply to Royal Mail's universal postal services from 1 April 2024 to 31 March 2027.</p> answering member constituency Thirsk and Malton answering member printed Kevin Hollinrake grouped question UIN 23066 23067 question first answered 25/04/2024 16:35:23 answering member 4474 label Biography information for Kevin Hollinrake
tabling member	4831 label Biography information for Ian Byrne