Labour Puts 6,000 Rural Post Offices in Jeopardy ; Blair Refuses to Give Pledge On Subsidy and Risks More Jobs Than at Mg Rover

Summary

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By Tom McGhie THOUSANDS of loss-making rural post offices will start to close next year because the Government has failed to give a longterm pledge on their future, Financial Mail has learnt.

Postwatch, the Post Office's watchdog, said that over the next five years 6,000 of the 9,000 lossmaking branches could be shut down with the loss of 10,000 jobs more than the entire MG Rover workforce.

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Labour Puts 6,000 Rural Post Offices in Jeopardy ; Blair Refuses to Give Pledge On Subsidy and Risks More Jobs Than at Mg Rover

Gregor McGregor, chief executive of Postwatch, told Financial Mail that the absence of a promise of future subsidy or a coherent plan for rural post offices was a 'gaping hole' in...

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