Post Office: Profits

(asked on 12th March 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the levels of profitability of the Post Office’s Crown office network during (a) 2019-20 and (b) 2018-19.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 22nd March 2021

While the Post Office is publicly owned, it is a commercial business that operates independently of the Government. BEIS has not made an assessment on the profitability of the 114 remaining Directly Managed Branches (DMBs) in the Post Office's network of 11,500 branches as this is a matter for Post Office Ltd.

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