WITN10910115 - BEIS Hot Topics Pack: November 2017

Evidence on official site

Department for

Business, Energy
& Industrial Strategy

BEIS Hot Topics Pack: November 2017

Contents

IRRELEVANT

Post Office Limited .

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OFFICIAL SENSITIVE

IRRELEVANT

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IRRELEVANT
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IRRELEVANT

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IRRELEVANT
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IRRELEVANT
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IRRELEVANT

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IRRELEVANT I

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OFFICIAL SENSITIVE

Post Office Limited

Top lines

« Government recognises the important role post offices play in communities.

« Manifesto commitment to safeguard the Post Office network.

« The network is at its most stable in decades due the significant investment that has
been made to maintain and protect it.

Facts and figures
« Government provided nearly £2 billion investment from 2010 to 2018.

* Government consulted on public’s expectations of the Post Office at end 2016.
Response will be provided in due course.

« Over 11,600 post offices in UK - largest retail network in the country

Over 4,400 branches open on Sunday

© 93% of UK lives within 1 mile of a post office.

« Around 17 million customers and a third of SMEs visit post offices every week.

+ Separated from Royal Mail in April 2012. It remains in public ownership.

Attack: Cri

+ Franchising is a successful way of sustaining Post Office services on our high streets

m of POL franchising some of its directly run Crown post offices.

Crown losses reduced from £46 million p.a. in 2012 to financial break even today.
Branches are not closing, but are either being franchised on-site or relocating to a
nearby location, typically offering the same services.

* Service quality is not reduced — customer satisfaction with franchised branches is
as high or better than when they were traditional Crowns.

Attack: Allegations about the Post Office's Horizon IT system
«This is an operational matter for Post Office Limited. As legal proceedings are
underway, I am unable to comment further.

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