Post Office could be owned by its workers, government says
Summary
The government is considering turning the Post Office into a business owned by its workers. A 12-week public consultation has been launched to discuss the future of the Post Office, including changes to its ownership and operations.Key Facts
- The Post Office is currently owned by the government and funded by taxpayers.
- The idea of making the Post Office employee-owned has been discussed for over ten years.
- A major scandal involved subpostmasters being wrongly accused of accounting errors due to faulty software.
- The government wants to change the Post Office's culture following the scandal.
- A public consultation will run for 12 weeks to gather opinions on the Post Office's future.
- The consultation will explore how to meet the changing needs of customers and improve relations with postmasters.
- An additional £118 million will be provided to support ongoing changes in the Post Office.
- The Green Paper includes proposals on changing the ownership model of the Post Office.
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