Horizon IT System: Compensation

(asked on 9th January 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether she has made an assessment of the potential impact of financial pressures resulting from Horizon compensation on Southall Broadway Crown Post Office.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Shadow Secretary of State for Business and Trade
This question was answered on 15th January 2024

Government has provided over £2.5 billion in funding to support the Post Office network over the past decade and is providing a further £588 million for the Post Office between 2022 and 2025.

As part of the funding package up to 2025, Government is providing Post Office with £150 million to enable the company to meet the costs of participating in the Post Office Horizon IT Inquiry and delivering compensation to postmasters.

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