
Post Office eyes extra £100m from new bank deal to boost postmasters’ pay
The Post Office is seeking a major fee rise from high street banks, aiming to secure £350m–£400m annually for cash services and to boost postmasters’ pay.…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

The Post Office is seeking a major fee rise from high street banks, aiming to secure £350m–£400m annually for cash services and to boost postmasters’ pay.…

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