Ex-Post Office boss Paula Vennells to hand back CBE January 9, 2024 Former Post Office boss Paula Vennells has said she will hand back her CBE with immediate effect amid the ongoing Horizon IT scandal.
Post Office scandal: Rishi Sunak would ‘strongly support’ review of ex-boss’ CBE January 8, 2024 Rishi Sunak would “strongly support” a review of ex-Post Office boss Paula Vennells’ CBE if the honours committee chose to look into it, No10 has said.
Post Office scandal: Government looking into appeals amid Met probe January 7, 2024 Government is “looking at” the option of exonerating all postmasters affected by the Post Office Horizon scandal, while the Met Police has announced a probe into “potential fraud”.
Mark Kleinman: Thames Water will be hoping for a fresh start in 2024 December 28, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Post Office spent £24m on legal disclosure advice as inquiry is held up by failures November 20, 2023 The Post Office has spent nearly £25m over the last year on external legal advice for disclosure, as the inquiry is held up with failures.
Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims September 19, 2023 An MP has criticised the offer of £600,000 compensation for every Post Office worker who has had their wrongful Horizon conviction overturned, claiming it is “a gun to their head”. The government announced on Monday that every post office operator who was caught up in the Horizon IT scandal and wrongfully convicted will receive £600,000 [...]
Post Office boss to return bonus pay linked to Horizon scandal August 24, 2023 The boss of the Post Office has said he will return all of his bonus payment linked to the Horizon inquiry regarding hundreds of wrongfully convicted postmasters. Nick Read, chief executive of the Post Office, also apologised again for “procedural and governance mistakes made” in the firm linking significant bonus payments to work related to [...]
Post Office scandal: Government urged to sort compensation delays for victims July 17, 2023 Sir Wyn Williams, chair of the Post Office Horizon IT inquiry, has called on the government to address compensation issues faced by sub-postmasters affected by the scandal. In an interim report presented to parliament today, Williams recommended legislative changes and stronger support for the Horizon Compensation Advisory Board. He brought forward the investigation of compensation [...]
Cash transactions at eight-month high as Brits turn to Post Office amid mass bank branch closures June 12, 2023 Cash transactions at post offices reached an eight-month high in May. Some £3.33 billion-worth of transactions were made, marking the highest total since last September, when it was £3.35 billion. Business and personal cash deposits totalled £2.48 billion in May, marking a 10% month-on-month increase. Personal cash withdrawals totalled £817 million in May, up by [...]
Banks must do more to tackle Post Office cash-based money laundering, warns FCA April 24, 2023 The UK’s financial watchdog “put banks on alert” as it announced a series of measures to step up the fight against money laundering through the Post Office. Tackling financial crime is a key objective for both the Financial Conduct Authority (FCA) and the government. Last month the government announced part two of its Economic Crime [...]