This is on top of the no involuntary closure programme and £1.34 billion already pledged by the Coalition Government to ensure the Post Office network maintains its 11,500 branches, while bringing huge benefits to customers.
The extra funding will speed up and complete the modernisation of the Post Office Network and for the first time ever funding will also be made available to maintain smaller Post Offices, who play a vital role in the community but who may not be suitable for the modernisation programme.
Five post offices were lost in Hornsey and Wood Green under the previous Labour Government. Nationally, 7,100 Post Offices disappeared in Labour’s 13 years in office.
Lynne Featherstone MP commented:
“Post Offices are a vital part of our communities here in Hornsey and Wood Green, and across the UK. We lost 5 Offices under the Labour Government’s ruthless and shameful closure programme.
“Instead of spending money on closing Post Offices like Labour did with their closure programme, Liberal Democrats in the Coalition Government are investing to maintain and modernise our Post Offices for the future.
“I welcome the extra funding and look forward to seeing further improvements to my local Post Offices.”