
Post Office interim boss Brocklehurst lined up for permanent role
The acting chief executive of the Post Office is being lined up to take the job on a permanent basis as the state-owned company continues talks with ministers over its long-term funding arrangements.
Sky News has learnt that Neil Brocklehurst, who was named interim chief last September, is close to being handed the role.
Whitehall sources said on Monday that an announcement about Mr Brocklehurst's appointment was likely to be made in April.
The decision, which requires the approval of business secretary Jonathan Reynolds, will bring a degree of stability to an organisation still grappling with the financial and reputational consequences of the Horizon IT scandal, which saw hundreds of sub-postmasters wrongly convicted of fraud and false accounting.
Reliant on the government for its funding, the Post Office has been in negotiations with ministers about delivering a previously pledged pay uplift this year.
yet to gain certainty from Whitehall about a £120m increase for this year.
The sum was promised in November as part of a strategy to rebuild the Post Office in the wake of the Horizon scandal.
The Post Office has outlined plans for an ambitious transformation which includes franchising more than 100 directly managed branches.
A substantial number of jobs are also being cut at the company's head office as part of the restructuring.
Several tranches of those have already taken place.
Mr Brocklehurst replaced Nick Read at the Post Office's helm following a turbulent period for the outgoing boss.
Mr Read was repeatedly accused of being obsesses with his pay arrangements and being at the centre of a series of rows with both board colleagues and his government employers.
Like Mr Railton, Mr Brocklehurst is a former executive at Camelot, the previous National Lottery operator.
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Daily Mail
3 hours ago
- Daily Mail
Inflation is so high, even Rachel Reeves's voice is going up: Chancellor suffers from technical gaffe as inflation surges to 3.5% - far higher than expected as Labour's economy spinsout of control
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We want to see inflation coming down after the cost of living challenges that people have been through these last few years' Ms Reeves was facing the music after headline CPI rate rocketed from 2.6 per cent in March to 3.5 per cent last month, a peak not seen since January 2024. Worryingly, it was significantly more than the 3.3 per cent analysts had pencilled in, with Ms Reeves acknowledging the figures were 'disappointing' and her national insurance hikes were partly to blame. Core CPI - excluding energy, food, alcohol and tobacco - was also at the highest for a year. The grim data will fuel Bank of England concerns about underling pressures, with chief economist Huw Pill having already warned that interest rate cuts have been too fast. Experts immediately suggested that Threadneedle Street might pause reductions at the next monetary policy committee meeting next month. The Bank had forecast that inflation would top out at 3.5 per cent in the third quarter of the year. The spike comes after Ofgem 's energy price cap rose by 6.4 per cent in April, having fallen a year earlier. That was alongside a raft of bill rises for struggling households, including steep increases to water charges, council tax, mobile and broadband tariffs. Meanwhile, Labour's NICs and minimum wage increases will have been stoking pressure in the system. Office of National Statistics (ONS) acting director-general Grant Fitzner said: 'Significant increases in household bills caused inflation to climb steeply. 'Gas and electricity bills rose this month compared with sharp falls at the same time last year due to changes to the Ofgem energy price cap. 'Water and sewerage bills also rose strongly this year, as did vehicle excise duty, which all pushed the headline rate up to its highest level since the beginning of last year.' Ms Reeves said: 'I am disappointed with these figures because I know cost of living pressures are still weighing down on working people. 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North Wales Chronicle
5 hours ago
- North Wales Chronicle
More than £1 billion paid to those wronged by Horizon scandal, Government says
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Glasgow Times
8 hours ago
- Glasgow Times
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