This week the Government announced £370 million extra funding for the Post Office to extend opening hours, cut queue times and protect rural branches. This additional funding brings the total invested in the Post Office network since 2010 to £2 billion, and will secure the future of the network.
In November, I visited Post Office branches across the constituency with a representative from the Post Office’s Head Office to see how local branches have been updated to offer a wide range of services. Today 95 per cent of small business customers can access everyday banking services in Post Offices, making it easier for SMEs to do business and grow.
This extra funding comes as the Post Office has moved into profit for the first time in 16 years and branch numbers are the most stable they have been for decades. Recently I have been liaising with the Post Office to ensure that Post Office services in Pilning resume as soon as possible and they have assured me that they are committed to keeping this vital service within the community.