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From: Callard, Richard - UKGI {
Sent: 31 July 2017 17:36
To: James MPST
Subject: RE: Post Office catch up
Hi Sophia
Regarding live issues, in brief, we have:
e Ministerial approval for remuneration — always difficult every year and provokes a lot of interest. I need to
take you through that.
Overall comms — we need to coordinate how we announce funding, which will also encompass the response
to the consultation, Network Report (which last year was subject to significant delay), release of the
Company accounts, and generally how do we get across the message that POL is performing much better
now than the public tends to give it credit
e Need to ensure that the minister is aware of the difficult handling aspects of the strategy. These were
flagged in the slides, and we have shared them with the Minister previously, but I want to make sure they
have been clocked
e Financial inclusion — we are pushing the business to raise awareness of POL’s offering on that front, but it
might benefit from a bit of ministerial pressure
e Verify — Conservative manifesto was clear that it wanted to increase the online ID verification service, which
POL is the market leader of. But Government is slow to roll it out and Ministerial pressure might pressure
may help get things moving faster, for POL’s benefit
© General update on where official discussions are on funding, state aid applications etc
* Unions — the CWU is making noises about holding a consultative ballot on the pay deal struck by the
business. This is non-binding, but will inevitably be negative with regard to the company — not clear on
timescales as yet.
Kind regards
Richard
Richard Callard I Executive Director I Post Office and Green Investment Bank Shareholder Teams
UK Government Investments
1 Victoria Street I London I SW1H OET
From: James MPST [mailto{”
Sent: 31 July 2017 15:35
To: Callard, Richard - UKGI <_
Subject: RE: Post Office catch up
HI Richard,
I do remember that we said we’d have a meeting however I unfortunately won’t be able to meet this week.
1
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Would be very helpful if you could send an e-mail outlining the key, live issues for now. We can then look to follow-
up with a meeting in a couple of weeks.
All the best,
Sophia
Sophia Nikolaou
Private Secretary to Margot James MP
From: Callard, Richard - UKGI [mailto:
Sent: 31 July 2017 13:30
To: James MPST
Subject: Post Office catch up
Hi Sophia
If you recall we agreed it would be worthwhile having a catch up on Post Office once we got to recess. There are a
few live issues that are worth talking you through and which could be heading private office’s way either over recess
or on the Minister’s return.
1am on leave for two weeks after the end of this week. Wednesday either side of lunchtime is looking reasonable
free for me. Does that work (if you would still like to meet of course)?
Thanks
Richard
Richard Callard I Executive Director I Post Office and Green Investment Bank Shareholder Teams
UK Government Investments
1 Victoria Street I London I SW1H OET
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