Up to 3,000 UK post offices face axe

Between 2,500 and 3,000 urban and rural post offices - representing a fifth of Britain’s post offices - could be shut down under government-backed plans to be outlined next week, reports the FT.

"The explosion of e-mail and text messaging affected the Post Office’s role in processing mail.

The cuts are likely to be implemented over a number of years.

Royal Mail, the state postal operator that runs the Post Office, said earlier this year that only 4,000 branches were needed for a viable network."

emily | 3:42 PM | News, Buzz |
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