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Post Office: Finance

Asked by Jamie StoneLiberal DemocratDepartment for Business, Innovation, Science and TradeTabled Answered 7 September 2026UIN 19407

The question

To ask the Secretary of State for Business, Innovation, Science and Trade, whether Post Office Ltd has provided his Department with estimates of the average annual financial impact of the June 2026 remuneration changes on individual postmaster incomes.

Answered by Department for Business, Innovation, Science and Trade

Post Office has not provided the department with estimates of the average annual financial impact of the June 2026 remuneration changes on individual postmaster incomes. Postmaster remuneration is an operational matter for Post Office. Government is providing funding to Post Office to help deliver its Transformation Plan, including up to £483 million in FY 2026/27 and 2027/28. The savings created by that plan will help put Post Office in a stronger position to increase remuneration for postmasters across the UK. While there is more to do, it is encouraging that postmaster remuneration increased by £92 million since December 2024.

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