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.
While the Government sets the strategic direction for the Post Office, it allows the company the commercial freedom to deliver this strategy as an independent business. The income generated for specific services is an operational matter for the Post Office Limited. I have therefore asked Nick Read, Chief Executive of Post Office Limited, to write to the hon Member on this matter. A copy of his reply will be placed in the libraries of the House.