Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what estimate he has made of the cost of replacing the Post Office Horizon IT system.

As part of the Spending Review 2021 Government provided Post Office with a total of £185m of funding to support investment activities, which included the ongoing maintenance and replacement of the Horizon IT system. In 2023 Government provided a further £103m to support with the costs of Horizon maintenance and replacement. Post Office is currently assessing the future costs of replacing the Horizon IT system. Further funding is to be allocated subject to the Spending Review process.