Employee-owned Post Office model ‘unlikely to be considered until 2030’

Turning the organisation into a ‘mutual’ was a possible long-term option, the Government said (Rui Vieira/ PA) -

Turning the Post Office into an employee-owned organisation could not be considered until 2030, the Government has revealed, as it could also scrap the 11,500-branch requirement as part of a major review into its future.

The current level of taxpayer funding for the Government-owned postal service is unsustainable, the Department for Business and Trade (DBT) said in a new Green Paper on the organisation’s future.