Post Offices: Finance

Department for Business, Energy and Industrial Strategy written question – answered on 21st May 2021.

Alert me about debates like this

Photo of Esther McVey Esther McVey Conservative, Tatton

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish an update on the distribution plans for the £177 million investment announced in the November 2020 spending review for the future of the post office network.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

In the most recent Spending Review for 2021/2022, the Government announced Post Office investment funding of £177 million. This reflects the Government’s commitment to the role that post offices play in our communities. This funding will allow Post Office Ltd to invest for the future and to ensure the Post Office remains a vital force on our high streets.

The management of the Post Office network is an operational matter for the Company.

Does this answer the above question?

Yes1 person thinks so

No1 person thinks not

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