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MPs say Post Office should not oversee Horizon compensation schemes

www.theguardian.com 01-01-2025 06:00 1 Minutes reading

Influential Commons committee calls for government to take action to prevent justice being further delayed

The Post Office needs to be removed from running redress schemes for victims of the Horizon scandal to prevent justice from being further delayed, an influential parliamentary committee has said.

In a report published on Wednesday, one year to the day since the ITV drama Mr Bates vs the Post Office brought the scandal to widespread public attention, the Commons business and trade committee said compensation for victims was still not being paid quickly enough and that the government should face financial penalties if the process did not speed up.

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Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

Confidence among British businesses has plummeted to the lowest levels since ex-prime minister Liz Truss’s mini-budget in September 2022 following the autumn budget’s large tax increases.

The worrying reverberations of the budget are clear to see in our survey data. Businesses confidence has slumped in a pressure cooker of rising costs and taxes.

9am GMT: Eurozone HCOB PMI composite and services final for December

1pm GMT: Germany inflation for December

2.45pm GMT: US S&P Global composite and services PMIs final for December

3pm GMT: US Factory Orders for November

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