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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Post Office Horizon scandal has altered the valuation of the Government's shareholder position in Post Office.

The Government’s role as shareholder is to ensure that the Post Office is delivering its social purpose alongside building a stable business. The Government continues to support the Post Office with subsidy. The Government, through my Rt. Hon. Friend the Secretary of State, holds 100% of the issued share capital. There is a special share in POL (nominal value of £1) which is held directly by the Secretary of State. The value of this investment is published annually in the BEIS accounts.