WH Smith: Post Offices

(asked on 12th March 2020) - 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 his Department has made of potential effect of WH Smith's profit warning on the sustainability of Post Office branches in WH Smith's premises.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 18th March 2020

The Government recognises the critical role that Post Offices play in communities and for small businesses across the UK. This is why the Government committed to safeguard the post office network and protect existing rural services. The overall number of post offices across the UK remains at its most stable in decades with over 11,500 branches thanks to significant Government investment of over £2 billion since 2010.

WHSmith have issued a profit warning in the wake of the Covid-19 outbreak. The Chancellor announced at the Budget a package of temporary, timely and targeted measures to support businesses through this period of disruption caused by Covid-19. Post Office Limited is in conversation with WHSmith and all other retail partners on a regular basis including discussions around contingency planning and cost control.

This government will continue to monitor and communicate with Post Office Limited as the situation with Covid-19 develops.

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