Source · Select Committees · Public Accounts Committee
Recommendation 20
20
Accepted
Department confident in short-term liquidity but assessing Post Office's long-term financial viability.
Conclusion
The Department told us that it has confidence in the Post Office’s short- term liquidity, through the assurance provided by UKGI and that there is a longer-term question regarding the financial viability of the Post Office. The Department told us that it is looking at the policy objectives, the most cost-effective way of funding the Post Office and the most efficient way to achieve that in order to put the Post Office onto a long-term footing.34
Government response summary AI-generated
The government commits to writing to the Committee in Autumn 2025, following the publication of the Treasury Minute, implying an update on the Post Office's long-term financial viability which the Department is actively addressing.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Accepted
HM Government · verbatim extract
Accepted
3.1 The government agrees with the Committee’s recommendation. Target implementation date: Autumn 2025 3.2 The department will write to the Committee in Autumn 2025, following the publication of this Treasury Minute.
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