Post Offices

Business, Innovation and Skills written question – answered on 4th March 2014.

Alert me about debates like this

Photo of Daniel Kawczynski Daniel Kawczynski Conservative, Shrewsbury and Atcham

To ask the Secretary of State for Business, Innovation and Skills how the £1.3 billion Government investment into the Post Office network will be spent over what time period.

Photo of Jennifer Willott Jennifer Willott The Parliamentary Under-Secretary of State for Women and Equalities, Assistant Whip (HM Treasury), The Parliamentary Under-Secretary of State for Business, Innovation and Skills

In November 2010, the Government set out its commitments to the Post Office in its policy statement "Securing the Post Office network in the digital age", which include maintaining a network of at least 11,500 branches; complying with strict access criteria; and providing for the modernisation of thousands of post offices. This is being supported by £1.34 billion funding, provided over the following years:

  £ million
2011-12 180
2012-13 410
2013-14 415
2014-15 330

Additionally, in November 2013, Jo Swinson MP announced to Parliament that the Government was committing a further £640 million covering the period April 2015 to March 2018 to ensure the Post Office network continues to be maintained, modernised and protected.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.