UK watchdog to rule on 246M Post Office subsidy
Briefly

UK watchdog to rule on 246M Post Office subsidy
"The Subsidy Advice Unit (SAU), part of the Competition and Markets Authority (CMA), will report on the proposed subsidies within 30 days following a request from the Department for Business and Trade (DBT). It intends to provide the Post Office with a subsidy of £141.8 million to continue to take action in response to the Horizon IT scandal and another £104.4 million to settle a tax liability, which together represent around 28 percent of the organization's annual revenue in fiscal 2025."
"From 1999 until 2015, around 736 subpostmasters were wrongfully prosecuted and convicted over Horizon errors, devastating lives in the process. A statutory inquiry into the mass miscarriage of justice launched in 2021 and is ongoing. Following a number of cases successfully quashing convictions, the government introduced the Post Office (Horizon System) Offences Act 2024 to overturn all convictions made using the Horizon system."
The Subsidy Advice Unit (SAU) of the Competition and Markets Authority will report on a Department for Business and Trade request within 30 days. The proposed support totals £246.2 million: £141.8 million for remediation related to the Horizon IT scandal and £104.4 million to settle an IR35-related tax liability. That funding would equal about 28 percent of the Post Office's projected 2025 revenue. The Post Office has received government funding since 2023 to run its Remediation Unit and Inquiry response team. Around 736 subpostmasters were wrongfully prosecuted between 1999 and 2015, and a statutory inquiry launched in 2021 remains ongoing.
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