Commenting on what Post Office is seeing in the currency market on 26 September, Nick Boden, Head of Post Office Travel Money, the UK’s largest provider of foreign currency, said:
“The current fall in sterling against many currencies varies quite significantly. For example, while sterling is down by over 20 per cent against the US dollar and currencies like the UAE dirham, Barbados dollar and
Post Office Chief Executive Nick Read has announced a one-off payment and a package of remuneration improvements to help support Postmasters during the cost of living crisis.
The Court of Appeal today (25th July 2022) formally overturned five convictions in appeals uncontested by Post Office. The cases, from between 2004 and 2013, relate to convictions in Crown Courts in which Post Office acted as prosecutor. Applications for permission to appeal were made to the Court of Appeal earlier this year.
The Court will provide written Judgment at a later date.
The total
Post Office has today (30 June 2022) welcomed the Government’s announcementon compensation for postmasters affected by the Horizon Scandal.
A Post Office spokesperson said:
“Ensuring full, fair and final compensation for all Horizon Scandal victims is a priority as we put right the wrongs of the past. Almost two thirds of postmasters in the Historical Shortfall Scheme have received compen
Following a newspaper report regarding the case of an individual who submitted an application under the Historic Shortfall Scheme after the deadline for applications had passed in 2020, a Post Office spokesperson said:
“Compensation offers have been made to almost two thirds of the 2,368 eligible applicants in the Historical Shortfall Scheme, with the majority of those already paid and we w
Southwark Crown Court today (9 June 2022) formally acquitted two people in cases referred by the Criminal Cases Review Commission (CCRC), in uncontested appeals. The cases, from 2003 and 2005 relate to convictions in Magistrates’ Courts in which Post Office acted as prosecutor.
A Post Office spokesman said:
“We are sincerely sorry for the impact of historical failures on the lives of the pe
Post Office response to BBC Panorama Monday 25 April 2022
The recruitment process for a new Chair of the Post Office has begun today (28 March).
A Post Office spokesperson said:
“The Post Office is sincerely sorry for the impact of the Horizon scandal on the lives of victims and their families and we are in no doubt about the human cost.
“The Inquiry’s hearings enable many of those who were most deeply affected by Post Office’s past failings to voice their experiences and their testimonies must and will ensure all lessons are learned
Today (Monday 14 February) the oral hearings begin at the public inquiry led by Sir Wyn Williams into the Post Office Horizon IT scandal. Sir Wyn will hear first-hand testimony from Postmasters whose lives have been deeply affected by this scandal.
For the postmasters concerned, giving this evidence will be hard. They have already endured much. There will be difficult memories to raise. There w
In 2021, total cash deposits and withdrawals by business and personal customers at Scotland’s 1300 Post Offices rose to a total of [£2.41bn], up 11% per cent compared with [£2.18] bn in 2020.
Post Office has appointed to its Board a new Non-Executive Director, Brian Gaunt.
