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Post Office statement on network

Press release   •   Dec 12, 2016 16:36 GMT

We are absolutely committed to supporting households and businesses in every part of the country, and in many communities our branches are the access point for retail, banking and postal services. Our network of 11,600 branches up and down the UK means that 93% of the population live within a mile of a post office, and 99% within three miles – we don’t see that changing, and nor does this consultation.

We have modernised 7,000 branches in the past four years, including a large number in rural areas. We are reducing our reliance on the taxpayer and within the next three years we will become a profitable business that can invest to secure and build our network ensuring services are where people need them for generations to come.

About the Post Office

Post Office Limited has an unrivalled national network of over 11,600 branches across the UK, more than all the high street banks combined, and sits at the heart of many communities across the country.

It provides around 170 different services and products spanning financial services including savings, insurance, loans, mortgages and credit cards. Post Office also offers Government services, telephony, foreign currency, travel insurance and mail services.

99.7% of people live within three miles of their nearest Post Office outlet. For many rural communities the Post Office is the only retail outlet. Post Offices remain highly valued and trusted and are the focal point for many communities. For more information, visit www.postoffice.co.uk.