The Post Office network has suffered systematic neglect at the hands of successive Labour and Conservative governments. It has reached the point of needing major investment and reinvigoration if the closure of many thousands of Post Offices that is expected in the years to come is to be avoided.
The Coalition Agreement, drawn up in May 2010, finally offers security for our much valued Post Offices. Under the new business secretary, Vince Cable, Post Offices will be allowed to offer a much wider range of services, including potentially creating a new Post Office bank. This will bring business back to Post Offices, helping safeguard their long term future. Royal Mail will be put on a stable footing with an injection of private capitol.