Future of the Post Office

Tristan Osborne Excerpts

Wednesday 13th November 2024 Commons Chamber

[Gareth Thomas]

There are a number of elements to securing the future of the Post Office. First, we must look at its commercial operation, which is why an improvement in the banking offer available through post offices, and the commitment of the banks to working with the Post Office to roll out banking hubs, is so important. Secondly, we must look at how we can increase sub-postmaster pay, so that more people are willing to come forward to run post office branches. Thirdly, we must look at the Post Office’s costs, and how they can be better managed.

[Tristan Osborne (Chatham and Aylesford) (Lab)]

I welcome the Minister’s statement. In a changing context in which banking hubs are being looked at for places across the country, does he agree that we need to pursue them very aggressively and assertively, and also look at shared provision with local councils—for instance, at using libraries and other centres, so that we can spread the cost and keep these essential services open, where possible?

[Gareth Thomas]

I am absolutely open to any idea that will help to speed up the roll-out of banking hubs; I recognise that they are crucial for communities up and down the UK. If he has particular ideas, I am very happy to talk to him about them separately.