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The Government recognises the important role that post offices play in communities across the country. That is why we made a Manifesto commitment to safeguard the Post Office network and have invested over £2 billion since 2010. As a result, the post office network is at its most stable in decades at over 11,500 branches and 99.7% of the national population lives within three miles of their nearest branch.
The vast majority of Post Office branches are run on a franchise or agency basis with almost 98% already operating successfully. This business model has helped securing key services on high streets whilst reducing need for taxpayer subsidy.