Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps he is taking to help ensure that post offices in South Suffolk constituency remain financially viable businesses entities.
The Post Office is an essential service in communities across the country. The Government is committed to finding ways to strengthen the Post Office, through consulting with sub-postmasters, trade unions and customers. This will include supporting the development of new products, services and business models, such as banking hubs, that will help reinvigorate the high street.
Government provides an annual £50m Network Subsidy funding to support the delivery of a minimum number of branches and a geographical spread of branches in line with published access criteria.