Post Office: Finance

(asked on 5th February 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, on what date he plans to publish the aggregate amount of payments made by the Government to Post Office Ltd.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 15th February 2021

The information requested is available in the public domain. Post Office Ltd publishes their reports and accounts annually and lays them before Parliament. These reports include information on the funding provided to the Post Office by the Government and can be found here: http://corporate.postoffice.co.uk/secure-corporate/our-financials/post-office-annual-report-accounts-2020/.

In the Government's most recent Spending Review, it was announced that we will be investing £227m in the Post Office in 2021/22. This reflects our commitment to the role that post offices play across our communities. Since 2010, successive governments have provided over £2.4 billion in subsidy.

Reticulating Splines