Post Office could close 115 branches with jobs at risk

Quick Summary:

Hundreds of head office workers are facing cuts and loss-making branches are under threat of closure.

The city centre branch is one of 115 under threat as part of a national review by Post Office.

Today, nearly half of its branches are not profitable or only make a small profit from the Post Office element of the business.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Sub-postmasters Part Horizon Plans Office Post Branches Government Business Railton

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 13:14:51 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 827 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © BBC Business

News ID: 23642157

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 3 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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