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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much and what proportion of Post Office Limited revenue was distributed to Post Masters for providing in-branch high street banking services in the latest year for which data is available.

Post Office Limited publishes their reports and accounts annually and lays them before Parliament. These reports include information on the total costs Post Office allocate for postmaster remuneration, and can be found here: https://corporate.postoffice.co.uk/en/governance/key-reports-statements/post-office-annual-report-accounts-2020-21.

Post Office Limited is a commercial business. It has a Chief Executive and a Board of Directors, who are responsible for running Post Office day-to-day and for providing strategic oversight respectively. The remuneration postmasters receive for different services is a commercial decision for Post Office Limited.