Post Office could be owned by its postmasters, government says
The UK government has proposed turning the Post Office into an employee-owned business. This would mean that the Post Office could be owned and operated by its postmasters, rather than being a state-owned entity. The proposal is part of a broader review of the Post Office's future, which has been struggling with declining revenues and a need for modernization. The government has stated that making the Post Office employee-owned could help to improve its financial sustainability and better align the interests of postmasters with the overall success of the organization. The review is still in the early stages, and the government has not yet made a final decision on the future structure of the Post Office. However, the idea of employee ownership is seen as a potential way to empower postmasters and give them a greater stake in the success of the organization.
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