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Ministers explore handing Post Office to sub-postmasters

BBC Business LogoBBC Business13h ago

Ministers explore handing Post Office to sub-postmasters - BBC Business

Quick Summary:

The proposal is in its early stages and is one of many under consideration, sources told the BBC.

The Department for Business and Trade has asked management consultancy BCG to explore the possible ownership model, as first reported by Sky News.

Between 1999 and 2015, more than 900 sub-postmasters were wrongly prosecuted after the faulty Horizon IT accounting system made it look like money was missing from branch accounts.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-19 @ 17:26:38 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23128025

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 1 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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