PM responds to Post Office campaigner after repeated requests

Published On Nov 5, 2024, 12:48 PM

Sir Keir Starmer has addressed concerns from Sir Alan Bates regarding the delayed compensation for postmasters affected by the Post Office scandal linked to the faulty Horizon IT system. The government has pledged £1.8bn for compensation, but campaigners express frustration over the slow payment process. A parliamentary committee is reviewing the compensation schemes, urging faster payouts by the end of March 2025, while lawyers highlight challenges claimants face in obtaining redress due to complicated processes and past evidence issues.

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The commitment to expedite compensation payments could enhance public sentiment towards the government, leading to potential benefits for companies associated with the Post Office or those involved in providing justice services. Additionally, companies working in financial services or legal tech may see increased interest as claims increase.

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