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Post Office inquiry: hopes for delivery of good news dwindles
Inquiry hears fears Post Office will not be viable without government support
The Post Office is facing a "difficult future" and may not be viable without government support, an inquiry has heard.
MPs warn Post Office could become 'a thing of the past' within a decade
The Business, Energy and Industrial Strategy (BEIS) Committee has been investigating the future of the Post Office following a series of branch closures.
The committee heard from Post Office bosses, trade unions, and consumer groups.
Inquiry raises concerns about future of Post Office
The inquiry heard that the Post Office is facing a number of challenges, including declining revenues and increased competition from private companies.
The committee also heard that the Post Office is struggling to keep up with the demand for new services, such as online banking and parcel delivery.
Government urged to provide more support to Post Office
The MPs on the committee said the government needs to provide more support to the Post Office if it wants to ensure its long-term viability.
The MPs urged the government to provide financial support to the Post Office, and to help it develop new services.
The MPs also called on the government to ensure that the Post Office has a level playing field with its private sector competitors.
Conclusion
The Post Office is a vital part of the UK's infrastructure. It provides a range of essential services, including mail delivery, banking, and government services.
However, the Post Office is facing a number of challenges, and its future is uncertain.
The government needs to provide more support to the Post Office if it wants to ensure its long-term viability.