gd, Oifis a' Phuist
kw, Sodhva an Post
ga, An Post Ríoga , logo = Post Office Logo.svg , type =

State-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public owne ...

private company limited by shares A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with l ...

, genre = , predecessor =

General Post Office The General Post Office (GPO) was the state postal system and telecommunications carrier of the United Kingdom until 1969. Before the Acts of Union 1707, it was the postal system of the Kingdom of England, established by Charles II in 1660. ...

, foundation = 1987 , founder = , location_city =

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

, location_country = England , location = , origins = , key_people = , area_served =

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...

, industry =

Postal service The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal syst ...

, products = , services = , revenue = £957 million , revenue_year = 2021 , operating_income = , operating_income_year = , net_income = £35 million , net_income_year = 2021 , num_employees = 5,020 , divisions = , subsid = , parent = , owner = , caption = , homepage = , dissolved = , footnotes = Post Office Limited is a retail

post office A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional se ...

company in the

that provides a wide range of products including

postage stamps A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail), who then affix the stamp to the f ...

and

banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

to the public through its nationwide network of post office branches.

History

Post Office branches, along with the

Royal Mail , kw, Postya Riel, ga, An Post Ríoga , logo = Royal Mail.svg , logo_size = 250px , type = Public limited company , traded_as = , foundation = , founder = Henry VIII , location = London, England, UK , key_people = * Keith Williams ...

delivery service, were formerly part of the

and after 1969, the Post Office corporation. Post Office Counters Limited was created as a wholly owned subsidiary of the Post Office in 1987. After the Post Office statutory corporation was changed to a public company, Royal Mail Group, in 2001, Post Office Counters Limited became Post Office Limited. With declining mail usage, Post Office Limited has had chronic losses, with a reported £102 million lost in 2006. This raised concerns in the media regarding its ability as a company to operate efficiently. Plans to cut the £150m-a-year subsidy for rural post offices led to the announcement that 2,500 local post offices were to be closed. This announcement resulted in a backlash from local communities that relied on the service. WH Smith Hounslow

In 2007, the government gave a £1.7 billion subsidy to Royal Mail Group so that it could turn a profit by 2011. This was to be used to invest across the whole network of Royal Mail, Post Office Limited and

Parcelforce Parcelforce Worldwide is a courier and logistics service in the United Kingdom. Parcelforce Worldwide is a trading name of the Royal Mail and is organised within the UK Parcels, International and Letters division of the group. The company del ...

. Eighty-five Crown post offices were closed, 70 of which were sold to

WHSmith WHSmith (also written WH Smith, and known colloquially as Smith's and formerly as W. H. Smith & Son) is a British retailer, headquartered in Swindon, England, which operates a chain of high street, railway station, airport, port, hospital and m ...

. This followed a trial of six Post Office outlets in WHSmith stores. WHSmith was expected to make up to £2.5 million extra in annual profit. 2,500 sub-post offices closed between 2008 and 2009. Redundancy packages were provided from public funding (subpostmasters were paid over 20 months salary, roughly £65,000 each). In November 2010, the government committed £1.34 billion of funding up to 2015 to Post Office Limited to enable it to modernise the Post Office network. As part of the Postal Services Act 2011, Post Office Limited became independent of Royal Mail Group on 1 April 2012. A ten-year inter-business agreement was signed between the two companies to allow post offices to continue issuing stamps and handling letters and parcels for Royal Mail. The Act also contained the option for Post Office Limited to become a mutual organisation in the future. On 8 February 2013, Post Office Limited announced it was planning to move around seventy of its Crown post offices into shops. This would reduce the Crown network, which it stated was losing £40 million a year, to around 300. On 27 November 2013, the government committed an additional £640 million of funding for 2015 to 2018 to allow Post Office Limited to complete its network modernisation. In April 2016, the Post Office agreed to hand over up to 61 more branches to WHSmith in a 10-year deal. The deal was condemned as "blatant back-door privatisation" by the Communications Workers Union.

Corporate affairs

Chief executives

# David Mills (2002-2005) #

Alan Cook Sir Alan Hugh Cook FRS (2 December 1922 – 23 July 2004) was an English physicist who specialised in geophysics, astrophysics and particularly precision measurement. Early life and family Cook was born in Felsted, Essex in 1922. He was the el ...

(2006-2010) # Paula Vennells (2012-2019) # Nick Read (2019-)

Chair

Alice Perkins Alice Elizabeth Perkins, CB (born 24 May 1949) is a former British civil servant. She was appointed in July 2011 as the Chairman of Post Office Ltd., a UK state-owned limited company, to lead the Board following the separation of the Post Offic ...

(2011-2015) # Tim Parker (2015-2022)

Services

As of early 2020 there are around 11,500 post office branches across the UK, of which 191 are directly managed by Post Office Limited (known as Crown offices). The majority of other branches are either run by various franchise partners or local subpostmaster or operators (who may be members of the

National Federation of SubPostmasters The National Federation of SubPostmasters (NFSP) is a membership organisation, which represents subpostmasters in the United Kingdom and currently has more than 8,000 members who operate approximately 9,300 post office branches. Post Office Ltd i ...

or the CWU Postmasters Branch), as "sub-postoffices". The Post Office has a wide variety of services throughout the network of branches. Products and services available vary throughout the network; main post offices generally provide the full range of services. The Post Office rolled out the 'ParcelShop' scheme in Summer 2019, allowing retail stores to accept Royal Mail Internet returns, in order to expand Post Office facilities. In towns, post offices are usually open from around 09:00 to 17:30 from Monday to Friday and from 09:00 to 12:30 on Saturday. In some country areas, opening hours are much shorter—perhaps only four hours per week. In some villages an outreach service is provided in village halls or shops. There are also "mobile post offices" using converted vans which travel between rural areas. Many post offices are shut on Sundays and Bank Holidays. Some in smaller towns or villages are shut at lunchtime.

Postal services

The Post Office provides information on services and accepts postal items and payment on behalf of the two collection and delivery divisions of Royal Mail Group,

and

. These include a variety of ordinary and guaranteed services both for delivery within the United Kingdom and to international destinations.

Postage stamp A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail), who then affix the stamp to the f ...

s (including commemorative stamps and other

philatelic Philately (; ) is the study of postage stamps and postal history. It also refers to the collection and appreciation of stamps and other philatelic products. Philately involves more than just stamp collecting or the study of postage; it is possi ...

items) are sold, while applications for redirection of mail are accepted on behalf of Royal Mail. Post Office Local Collect is a scheme whereby undelivered mail can be redirected at customer request to a post office for convenient collection. ''

Poste restante ''Poste restante'' (, "remainder post"), also known as general delivery in North American English, is a service where the post office holds the mail until the recipient calls for it. It is a common destination for mail for people who are visit ...

'' mail can also be held for collection by people travelling.

Financial services

The Post Office provides

credit card A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the ...

s, insurance products,

mortgage A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any ...

s, access to high street banking services and

saving Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recur ...

s through the Post Office Money umbrella brand which was launched in 2015. Most Post Office Money branded products are provided by

Bank of Ireland Bank of Ireland Group plc ( ga, Banc na hÉireann) is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Iris ...

(UK) plc with Post Office Limited acting as an appointed representative and credit broker. However, with the sale of the Bank of Ireland's UK assets to Jaja Finance in 2019, Post Office branded Credit Cards are now issued by Capital One UK. Life insurance is provided in partnership with Neilson Financial Services

Branch banking

Personal banking services are offered on behalf of a number of "partner banks" that the Post Office has agreements with. Although different services are available on behalf of different institutions, these may include cash withdrawals, paying in cash and cheques, and balance enquiries. Some post offices also have

cash machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ...

s, mainly provided by

. Business banking services are also offered for customers of twenty different UK banks. Services include balance enquiries, cash withdrawals, depositing cash and cheques, and giving change.

Bill payments

A number of bill payments can be accepted on behalf of a variety of organisations including

utilities A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and ...

, local authorities and others. These are in the form of automated payments (barcoded bills, swipe cards, key charging). The Santander Transcash system, which had been a

Girobank National Girobank was a British public sector financial institution run by the General Post Office that opened for business in October 1968. It started life as ''National Giro'' then ''National Girobank'' and finally ''Girobank plc'' be ...

service, enabled manual bill payment transactions, but this service was discontinued by Santander in December 2017.

Broadband and phone

The Post Office also operates as an

Internet service provider An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, non-profit, or otherwise priva ...

; providing consumer broadband and phone services and is part of the wider Post Office Limited group. By February 2019, it had just over half a million customers across the UK. Post Office provides

asymmetric digital subscriber line Asymmetric digital subscriber line (ADSL) is a type of digital subscriber line (DSL) technology, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voiceband modem can provide. ...

broadband and fibre broadband Internet products (

FTTC Fiber to the ''x'' (FTTX; also spelled "fibre") or fiber in the loop is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last mile telecommunications. As fiber optic ...

) to residential customers. Post Office offers two variants of router: A standard Wi-Fi router (

Zyxel Zyxel Communications Corporation, a subsidiary of Unizyx Holding Corporation (), is a Taiwanese multinational broadband provider headquartered in the Hsinchu Science Park, Taiwan. The company was founded in 1989 by Dr Shun-I Chu, and has three r ...

AMG1302-T11C) router with its ADSL broadband packages and the Zyxel VMG3925-B10B with its Fibre broadband packages. Post Office broadband and phone services are currently supplied using the TalkTalk network and it operates UK-based call centres, with teams based in Preston, Selkirk and Chiswick. In June 2015, the Post Office launched its own

mobile virtual network operator A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobil ...

service, Post Office Mobile. However, in August 2016 it decided "to conclude the trial as the results did not give us sufficient confidence that mobile will contribute to our goal of commercial sustainability". In February 2021, the Post Office agreed to sell its broadband and phone services to Shell Energy and exit the telecoms market. The deal was believed to have cost Shell around £80million, with around 500,000 customers transferring to the new provider. Post Office also runs its own flat-rate 118

Directory Enquiries In telecommunications, directory assistance or directory inquiries is a phone service used to find out a specific telephone number and/or address of a residence, business, or government entity. Technology Directory assistance systems incorporate ...

service (118 855). Mobile phone top-ups are also available in Post Office branches on behalf of all the major UK mobile networks.

ID services

A passport check-and-send service is available for passport applications, where the post office staff check that a passport application is filled in correctly and has an acceptable photograph accompanying it. The service is not affiliated with

HM Passport Office His Majesty's Passport Office (HMPO) is an agency of the Home Office in the United Kingdom. It provides passports for British nationals worldwide and was formed on 1 April 2006 as the Identity and Passport Service before being renamed HM Passpo ...

. Check-and-send service is not guaranteed service. The Post Office used to offer a check-and-send service with

DVLA The Driver and Vehicle Licensing Agency (DVLA; cy, Asiantaeth Trwyddedu Gyrwyr a Cherbydau) is the organisation of the UK government responsible for maintaining a database of drivers in Great Britain and a database of vehicles for the enti ...

for the photocard

driving licence A driver's license is a legal authorization, or the official document confirming such an authorization, for a specific individual to operate one or more types of motorized vehicles—such as motorcycles, cars, trucks, or buses—on a publi ...

. Some branches now offer a photocard driving licence renewal service. Fishing licences are issued on behalf of the

Environment Agency The Environment Agency (EA) is a non-departmental public body, established in 1996 and sponsored by the United Kingdom government's Department for Environment, Food and Rural Affairs, with responsibilities relating to the protection and en ...

and

Natural Resources Wales Natural Resources Wales ( cy, Cyfoeth Naturiol Cymru) is a Welsh Government sponsored body, which became operational from 1 April 2013, when it took over the management of the natural resources of Wales. It was formed from a merger of the Coun ...

from branches in

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe ...

and

Wales Wales ( cy, Cymru ) is a country that is part of the United Kingdom. It is bordered by England to the east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in ...

. Selected branches issue International Driving Permits. In 2019, availability of this service was expanded from 89 to approximately 2,500 branches due to increased demand associated with the possibility of a "no deal" Brexit.

Post Office saving stamps

Post Office savings stamps were first introduced by

Henry Fawcett Henry Fawcett (26 August 1833 – 6 November 1884) was a British academic, statesman and economist. Background and education Henry Fawcett was born in Salisbury, and educated at King's College School and the University of Cambridge: enteri ...

in the 1880s but were phased out in the 1960s. These were re-introduced in August 2004 because of consumer demand. In 2010 saving stamps were withdrawn and replaced by the Budget Card.

Other services

* National Lottery games and scratchcards * Sale and encashment of

postal order A postal order or postal note is a type of money order usually intended for sending money through the mail. It is purchased at a post office and is payable at another post office to the named recipient. A fee for the service, known as poundage, ...

s *

Foreign currency exchange A bureau de change (plural bureaux de change, both ) (British English) or currency exchange (American English) is a business where people can exchange one currency for another. Nomenclature Although originally French, the term "bureau de chan ...

and Travel Money Card * Sales of gift vouchers redeemable at certain high street merchants * PostPak * Fast drop * Drop and Go *

National Express National Express Group is a British multinational public transport company headquartered in Birmingham, England. It operates bus, coach, train and tram services in the United Kingdom, Ireland (National Express operates Eurolines in conjunction ...

coach tickets

Post offices not open to the public

Seven post office branches are not open to the public: *Court (

Buckingham Palace Buckingham Palace () is a London royal residence and the administrative headquarters of the monarch of the United Kingdom. Located in the City of Westminster, the palace is often at the centre of state occasions and royal hospitality. It ...

) – however, this is managed by Royal Mail as of 2014 *

House of Commons The House of Commons is the name for the elected lower house of the bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. T ...

* Portcullis House *

Royal Automobile Club The Royal Automobile Club is a British private social and athletic club. It has two clubhouses: one in London at 89 Pall Mall, and the other in the countryside at Woodcote Park, near Epsom in Surrey. Both provide accommodation and a range ...

, 89 Pall Mall, London *

Scottish Parliament The Scottish Parliament ( gd, Pàrlamaid na h-Alba ; sco, Scots Pairlament) is the devolved, unicameral legislature of Scotland. Located in the Holyrood area of the capital city, Edinburgh, it is frequently referred to by the metonym Holyr ...

Windsor Castle Windsor Castle is a royal residence at Windsor in the English county of Berkshire. It is strongly associated with the English and succeeding British royal family, and embodies almost a millennium of architectural history. The original c ...

*20 Finsbury Street, London, EC2Y 9AQ. Post Office HQ

Controversies

Horizon payment system errors

In April 2015, the BBC described a confidential report that alleged that the Post Office had made 'failings' with regard to accounting issues with its Horizon IT system that were identified by sub-postmasters as early as 2000. The article claimed that an independent investigation by

forensic accountant Forensic accountants are experienced auditors, accountants, and investigators of legal and financial documents that are hired to look into possible suspicions of fraudulent activity within a company; or are hired by a company who may just want t ...

s Second Sight had found that the Post Office had failed to identify the root cause of accounting shortfalls in many cases before launching court proceedings against sub-postmasters. The shortfalls could have been caused by criminals using malicious software, by IT systems or by human error, the report said. An earlier article by the BBC had claimed that a confidential report contained allegations that the Post Office had refused to hand over documents that the accountants felt they needed to investigate properly, that training was not good enough, that equipment was outdated, and that power cuts and communication problems had made things worse. The Post Office has claimed that their system was not at fault. In 2019, the Post Office was lambasted by the High Court for its 'institutional obstinacy or refusal to consider' that its Horizon computer system might be flawed. The judge, Mr Justice Fraser, characterised this stance as "the 21st-century equivalent of maintaining that the earth is flat." In spite of the court action against its sub-postmasters, which was described by a judge as "aggressive and, literally, dismissive", the Post Office's chief executive Paula Vennells, who had in the meantime left the Post Office and taken up posts in the NHS and the

Cabinet Office The Cabinet Office is a department of His Majesty's Government responsible for supporting the prime minister and Cabinet. It is composed of various units that support Cabinet committees and which co-ordinate the delivery of government object ...

, was controversially awarded a CBE in the

2019 New Year Honours The 2019 New Year Honours are appointments by some of the 16 Commonwealth realms to various orders and honours to recognise and reward good works by citizens of those countries. The New Year Honours are awarded as part of the New Year celebratio ...

for "services to the Post Office and to charity". On 19 March 2020 she was harshly criticised in the House of Commons, particularly by Kevan Jones, MP for North Durham, who said:

References

External links

* *Postwatch – the watchdog for postal services joine
Consumer Focus
in October 2008 {{authority control Financial services companies established in 1987 Government-owned companies of the United Kingdom Postal system of the United Kingdom Retail companies established in 1987 Retail companies of the United Kingdom Royal Mail 1987 establishments in the United Kingdom