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Latest News

Government to continue to back rural Post Offices

by Personnel Today 16 Sep 2004
by Personnel Today 16 Sep 2004

Thousands
of rural post office jobs will be saved because the Government has decided to
continue subsidising them, a move that will cost £150m a year.

Trade
and industry secretary Patricia Hewitt is expected to announce today that the
Government will continue to subsidise the loss-making Post Office network until
2008.

The
decision means that about 6,000 rural Post Offices, that would almost certainly
have had to close without state support, will be saved.

Although
a review this year by regulator Postcomm
found that 90 per cent of rural offices were losing money, Hewitt is believed
to have been convinced that they serve a social purpose.

By Daniel Thomas

 

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Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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