Tue, 08 Apr 2025

Tue, 08 Apr 2025 Post Office to offload all directly-owned branches

About 1,000 staff will be offered the choice to work for any new owner or take voluntary redundancy.

* The Post Office plans to sell off its remaining 108 directly-owned branches and transition to a fully franchised network.
* Around 1,000 staff will be offered a choice between moving to work for new owners or taking voluntary redundancy.
* The company has received interest from potential buyers including Tesco, Ryman, and sub-postmasters.
* The Communication Workers Union (CWU) is calling on the government to intervene and consider alternative options.
* The CWU's general secretary claims that the Post Office's franchising model will lead to reduced services in local communities.
* The Post Office says it will protect access to services by either keeping branches in their current location or relocating them nearby.
* Franchise partners with a proven track record of delivering high-quality customer service will be selected to take over the branches.
* The Post Office aims to make £40m in savings through this transition and use the funds to increase postmasters' remuneration by up to 10%.
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