The largest investment and network support programme in the history of the Post Office is set to modernise and convert approximately 6,000 Post Offices over the next 3 years.

The £1.34 billion investment (subject to EU State Aid clearance) which aims to provide network subsidy and modernisation is a sign of recognition of the social value provided to communities by the Post Office. Within the next few months 50 further pilot branches will be established across the UK, adding to the 177 current pilot branches. The programme is set to reach completion in 2015.

The investment programme aims to transform the Post Office into a more self-sustaining network, less dependent on direct subsidy. Customers will benefit from extended opening hours and a more convenient retail experience.