The Post Office has put out a tender for IT services to support front and back-end operations at its branches and online.

The contract is worth £150m following its separation from the Royal Mail Group.

Post Office Ltd announced plans to transform about half of its network of 11,800 branches across the UK over the next three years as part of an overall £1.34 billion investment and support programme, subject to EU State Aid clearance.

The Post Office is a core part of the UK’s economic and social infrastructure — 99 per cent of the UK population lives within three miles of a Post Office branch. The investment will provide a more modern and convenient retail experience for customers, whilst maintaining the UK Post Office network at its current size.