Vince Cable calls Royal Mail boss Moya Greene's stance over universal service scaremongering

 
Joseph Millis
Moya Greene says cherry-picking in urban areas makes the universal service uneconomic
Business Secretary Vince Cable yesterday accused Royal Mail chief executive Moya Greene of scare­mongering after she told MPs that there was a threat to the universal service.

The universal service means Royal Mail has to deliver across the UK, six days a week, and for the same price.

Appearing before the Business, Innovation and Skills Committee, Greene said: “If you allow cherry-picking in the urban areas, it siphons off a lot of revenue. It makes the universal service un­finan­ceable and uneconomic.”

She said the industry needed a “forward-looking regulatory ap­p­roach where there are standards that apply to the whole industry, not just Royal Mail”.

However, Cable said that Royal Mail was guilty of”scare­mongering”.

He said both houses of parliament would have to vote to change the law to get rid of the universal service. “There’s absolutely no question of that change,” he said.

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