Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the current reporting mechanism is between the Government and the Post Office.
As per the Postal Services Act 2011, Post Office Limited must provide a yearly network report to the Shareholder to be laid before Parliament. Post Office Limited also provides a regular update to Government on the performance of its branch network.
Post Office report to Government on their financial performance via an Annual Strategic Plan, a quarterly report on investment spending and monthly reports on financial information.
In addition, officials regularly meet with Post Office to discuss a wide variety of matters.