Post Office extends banks’ cash deal as MPs call for mandated acceptance Banking The Post Office has reached a five-year banking deal with lenders and building societies to keep cash services running amid a continued retreat of banks from the high street. This renewed deal follows research commissioned by the company, which found nine in ten people believe it is important to maintain access to cash. The partnership [...]
UK’s biggest class action lawsuit could expose the perils of litigation funding Opinion This week lawyers are delivering their closing arguments in the UK’s biggest ever class action lawsuit relating to a dam disaster in Brazil. The victims deserve justice, but the predatory business model of their funders does not inspire confidence, says Mark Hollingsworth Litigation is risky, expensive and stressful. Just ask the 555 beleaguered subpostmasters whose [...]
Law Commission proposes criminal appeal reforms as CCRC faces fire Legal Law Commission laid out reforms for criminal appeals weeks after chair of the CCRC Helen Pitcher claimed to be a 'scapegoat' when she resigned.
Tesco considers franchise of axed Post Office branches February 6, 2025 Tesco has shown an interest in acquiring a number of axed Post Office branches as part of a franchise model, according to reports. Post Office chairman Nigel Railton told a group of MPs earlier this week that the UK’s biggest grocer had expressed interest in the 108-site Crown Post Office network, according to Sky News. [...]
Post Office scandal: Lawyers paid millions as MPs call for transparency on legal costs January 2, 2025 Lawyers from City firms were making millions whilst the majority of the money set aside for redress scheme has not to be paid out to the Post Office victims
Vince Cable warns against bid by the ‘Czech Sphinx’ for Royal Mail December 15, 2024 Former business secretary Vince Cable has warned the Government not to wave through the sale of the Royal Mail to Czech tycoon Daniel Kretinsky, citing his links to Russia and the high amount of debt involved. Cable was the architect of the privatisation of the postal service in 2013, overseeing a £3.3bn deal which led [...]
Post Office predicts record-high £1bn in cash withdrawals ahead of Christmas December 10, 2024 The Post Office is predicting a record-high number of personal cash withdrawals this month, reaching upwards of £1bn. The prediction exceeds last year’s record-breaking numbers during the festive shopping season, with December 2023 seeing a total of £930m in cash withdrawals. A total of £916m in personal cash was withdrawn in November, the latest figures [...]
Post Office: Jobs and branches could be axed in post-scandal shake up November 13, 2024 The Post Office has announced a significant overhaul, with the closing of 115 branches and hundreds of jobs at risk.
Fujitsu won £1.4m in public contracts since pledge to stop bidding November 3, 2024 Fujitsu, the firm at the heart of the Post Office scandal, has been given £1.4m in public sector contracts since it pledged to stop bidding for them. The technology company voluntarily agreed in January not to bid for any further awards until the Post Office inquiry had been concluded. However, the commitment did not cover [...]
Post Office: MPs to hold inquiry into compensation ‘unfinished business’ October 31, 2024 MPs are set to launch an inquiry into the “unfinished business” of financial redress for victims of the Post Office Horizon scandal. The business and trade committee will hold a short probe focused on “fast and fair redress” for those affected by what has been dubbed the biggest miscarriage of justice in UK history. It [...]