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Written question asked by Virendra Sharma (Labour) on Tuesday, 9 January 2024, in the House of Commons. It was due for an answer on Monday, 15 January 2024 (named day). It was answered by Kevin Hollinrake (Conservative) on Monday, 15 January 2024 on behalf of the Department for Business and Trade.


Horizon IT System: Compensation

Question

To ask the Secretary of State for Business and Trade, whether she has made an assessment of the potential impact of financial pressures resulting from Horizon compensation on Southall Broadway Crown Post Office.

Answer

Government has provided over £2.5 billion in funding to support the Post Office network over the past decade and is providing a further £588 million for the Post Office between 2022 and 2025.

As part of the funding package up to 2025, Government is providing Post Office with £150 million to enable the company to meet the costs of participating in the Post Office Horizon IT Inquiry and delivering compensation to postmasters.


Secondary information

Type
Written question
Reference
8723
Session
2023-24
Subjects
Compensation Post offices Miscarriages of justice Ealing Horizon IT system
Link
View this Written question on www.parliament.uk