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Ministers explore plan to hand Post Office to subpostmasters
Campaigner Alan Bates says mutualisation won’t work as organisation will continue to need government subsidies
Ministers want to turn the Post Office into a co-operative and have asked business experts to investigate ways of handing control of the 364-year-old institution over to the subpostmasters who operate it.
Management consultants have been asked to explore ways to turn the scandal-hit body over to an employee-owned mutual, similar to the way the John Lewis Partnership is run, Sky News reported. The Department of Business and Trade engaged Boston Consulting Group to carry out a commercial study of the future of the Post Office.
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