Post Office’s Group Plans, the impact of its High Court Litigation and ongoing claims related to Horizon
Dear Post Office Limited,
According to the Shareholder Relationship Framework Document between BEIS/UKGI and POL implemented on April 1st 2020 POL must produce an Annual Business Plan and a three year Strategic Plan
to include:
‘high level financial and performance projections, at both the corporate and line-of-business level, with sensitivity analyses of the major risks...’ (p 7-9)
https://assets.publishing.service.gov.uk...
i) What provision has been made in these plans for the ongoing costs relating to POL’s Horizon issues, namely the 47 cases referred by the Criminal Case Review Commission to the Court of Appeal, the 1800 applicants to the Historical Shortfall Scheme and the 900 plus historic sub-postmaster prosecutions POL is currently investigating?
ii) Have these plans been informed by an Audit, Risk and Compliance Committee Report on the potential scale of risk of the above factors to the financial position of POL?
Yours faithfully,
Eleanor Shaikh
Dear Ms Shaikh,
Please find an acknowledgement attached to your Freedom of Information
Request.
Regards,
Kerry Moodie
Information Rights Team
Ground Floor
Finsbury Dials
20 Finsbury Street
London EC2Y 9AQ
0333 665 3951
Dear Ms Shaikh
Please find an update attached to your Freedom of Information request
Regards
Kerry Moodie
Information Rights Team
20 Finsbury Street
London EC2Y 9AQ
Tel: 0333 665 3951
Email: [1][Post Office request email]
References
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1. mailto:[Post Office request email]
Dear Ms Shaikh,
Please find the response attached to your Freedom of Information request.
Regards,
Kerry Moodie
Information Rights Team
Ground Floor
Finsbury Dials
20 Finsbury Street
London EC2Y 9AQ
0333 665 3951
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