Published on 23-03-11
The European Commission has today authorised £180m of public funding for the UK Post Office to be used for its network of Post Offices for one year from 1 April 2011. The Commission also approved continuing existing local facilities which fund the provision of cash services at Post Office counters. The aid is compatible with EU rules on state aid taking into account the important public service tasks entrusted to Post Office Ltd and therefore does not give any unfair competitive advantage. This decision comes on the day that the Commission unveils its thinking on future reform of the rules on state aid to "services of general economic interest", that is, private operators providing public services.