Post Offices across Torbay have been safeguarded for the future by Liberal Democrat Postal Services Minister, Ed Davey.
After ending Labour’s Post Office closure programme, which saw more than 7100 Post Offices disappear in their 13 years in office, Ed Davey has announced a ten-year deal between the Post Office and the Royal Mail has been reached.
The deal gives certainty to subpostmasters across the UK and covers the full range of Royal Mail products available at post offices.
Commenting, Torbay MP Adrian Sanders said:
“After years of Post Office closures under the last Government, including over 40 in Devon, it is excellent news that the Coalition is doing the right thing by ensuring that the Post Office has a sustainable future ahead of it.
“Post Offices are a vital part of our communities and are the lynchpin of our towns and villages. More than 20m people visit a Post Office every week and hundreds of thousands of pensioners rely on them every day for their pensions.
“The signs are extremely encouraging for the future of the Post Office.”
Commenting further, Ed Davey said:
“A year ago I set out a radical plan to transform Post Office’s future, with £1.34bn of Government support and investment but without any closure programmes.
“Since then the Post Office has made good progress to become more competitive, building on its strengths.
“While it will take several years to turn round the Post Office’s finances, it’s increasingly clear the reforms are beginning to work.
“The 10-year deal struck between Royal Mail and the Post Office will give subpostmasters and others greater confidence. “