Post Office: Finance

(asked on 9th March 2020) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether (a) the most recent Network Subsidy Payment or (b) any other funding from the public purse to the Post Office (i) was and (ii) will be used to fund any settlement or litigation.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 12th March 2020

The Government believes that Postmasters are at the heart of communities and we recognise the strength of feelings about the negative impact the Horizon Court case has had on postmasters, causing distress to them and their families.

In relation to £57.75 million settlement that was agreed between Post Office Limited and the postmasters concerned. The costs involved in the legal defence of this litigation were drawn from Post Office Limited’s own commercial revenues, including the settlement offer. The shareholder has specifically required that government funding is not used for this purpose.

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