Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether he expects people affected by failures in the Post Office Horizon IT system to receive compensation by March 2025.
Government is committed to providing redress to individuals affected by the Horizon scandal as quickly as possible. We continue to seek options to speed up redress, in discussion with the Horizon Compensation Advisory Board. For example, on the Horizon Convictions Redress Scheme we have recently committed to providing offers on fully completed claims within 40 working days in 90% of cases, in line with our commitment on the GLO scheme. As of 30 September 2024, approximately £363 million has been paid to over 2,900 claimants across the available schemes.
Setting a target of March 2025 for every sub-postmaster affected by failures in the Horizon Scandal to receive compensation in full could put pressure on vulnerable postmasters who may need more time to finalise their claim with their legal representatives, or to respond to offers. It could also rule out new potential claimants, who are still coming forward.