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Post Office

  • Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims

    UK Politics

    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

    post office scandal

    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

    Horizon IT inquiry

    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 [...]

  • Apology after postal strikes meant just 16 per cent of energy vouchers redeemed

    December 22, 2022

    Royal Mail has apologised after just 16 per cent of energy bill support scheme (EBSS) vouchers were delivered by post this December. The company which has been crippled by strikes this month said sorry after cold Brits were left in the lurch, unable to get hold of energy metre vouchers. Vouchers are claimed by customers [...]

  • 115,000 posties start Christmas strike today as union boss warns of festive ‘meltdown’

    December 9, 2022

    More than 100,000 postal workers have begun their Christmas strikes over pay, as the industry’s union boss said Royal Mail is risking a “Christmas meltdown”. Walkouts by posties in the CWU union started this morning, after rejecting Royal Mail’s “final and best” pay offer of a nine per cent rise over two years. The union [...]

  • WH Smith chair Henry Staunton lined up as new Post Office head

    August 22, 2022

    The UK government is lining up outgoing WH Smith chairman Henry Staunton to head the Post Office, as it seeks to navigate the fallout of the miscarriage of justice that saw hundreds of the state-owned company’s workers wrongfully convicted of serious crimes. Former ITV finance director Staunton has been chosen as the preferred candidate to [...]

  • Thousands of Londoners will not get post until after 6pm following Royal Mail redesign

    August 8, 2022

    Thousands of people across the UK may be waiting until after 5pm to get their post under the Royal Mail’s new proposals. Hundreds of areas in the country could be affected, with London, Cornwall, Wales, and Scotland having post delivered by 6pm or later as the postal service looks to push back deliveries until later [...]

  • Royal Mail faces biggest strike of the summer as 115,000 posties gear up for action

    July 19, 2022

    Royal Mail workers have voted in favour of strike action, the Communication Workers Union (CWU) confirmed this afternoon. Over 80,000 Royal Mail workers took to the ballot, with 97.6 per cent voting in favour of action on a 77 per cent turnout. The announcement means that Royal Mail now faces the biggest strike of the summer, with [...]

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