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Post Offices: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 700, tabled on 12 May 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish an update on the distribution plans for the £177 million investment announced in the November 2020 spending review for the future of the post office network.

Answered on

21 May 2021

In the most recent Spending Review for 2021/2022, the Government announced Post Office investment funding of £177 million. This reflects the Government’s commitment to the role that post offices play in our communities. This funding will allow Post Office Ltd to invest for the future and to ensure the Post Office remains a vital force on our high streets.

The management of the Post Office network is an operational matter for the Company.