As current Chair of the Remuneration Committee of Post Office Limited, I have commissioned an immediate review into the awarding of payments relating to support given to the Horizon IT Inquiry in the Transformation Incentive Scheme in 2021-22.
The scope of the investigation is to ensure that the Remuneration Committee’s policy for rewarding executives, and its implementation, is consistent wi
In response to the statement issued by Sir Wyn Williams regarding Post Office Limited Annual Report and Accounts 2021-22 a Post Office spokesperson said:
“Post Office apologises unreservedly for an inappropriate sub-metric related to the Horizon IT Inquiry, which formed part of the wider remuneration scheme for the transformation of the business in 2021-22. We have apologised to Sir Wyn William
Two convictions in Post Office Horizon cases from 2005 and 2008 were overturned by the Court of Appeal today, 27 April 2023. Both appeals were unopposed by Post Office.
A Post Office spokesperson said:
“We are deeply sorry for past wrongs and the suffering caused. We have taken determined action to prevent such events ever happening again.
“As of 27 April 2023, a total of more than £18.5m
Commenting on an FCA announcement on strengthened controls to reduce the risk of money laundering at Post Offices, a Post Office spokesperson said:
“We welcome today’s FCA announcement seeking to ensure that legitimate customers can continue to benefit from Post Office’s everyday banking services.
“We have been warning since last December that cash deposit limits were having a detrimental
Post Office is urging voters intending to cast their ballot in-person at local elections across England on Thursday 4 May to plan now for the new photo ID requirement.
New figures today reveal cash transactions at Post Offices returned to their highest level since last September. In March, cash deposits and withdrawals over the counter amounted to £3.29 billion at its 11,500 branches.
The Post Office has announced it has increased total Postmaster remuneration by £26 million for the 2023-24 financial year.
Post Office Travel Money reveals that millions of Britons who have taken trips abroad rate holidays as their biggest priority after paying for food, energy and other essential bills
Post Office is urging the approximately 20,000 households (around 4%) who have not yet redeemed their £600 energy vouchers to do so
Personal cash withdrawals totalled £702 million in February, up 8% year-on-year (£650 million, February 2022). Post Office is giving 1p for every cash withdrawal over the counter to Trussell Trust. Since November, over £275,000 has been raised. Post Office hopes to reach its £330,000 target by end of March. Personal cash withdrawals were steady month-on-month (£709 million, January 2023). The sho
A dramatic fall in the value of the Egyptian pound could make Sharm el-Sheikh and other Red Sea resorts a bargain choice for Britons looking to holiday abroad in 2023
A new report reveals the Post Office has an economic impact of £4.7bn, more than the annual economic impact of Heathrow Airport.
