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Corporate
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Post Office CEO allegedly sought to put back redress target to secure bonus
Jane Davies, the former Chief People Officer at the Post Office claims that Post Office management, led by CEO Nick Read, attempted to delay a key compensation target date in order to ensure they qualified for a bonus. Ms Davies said “changing this target would result in slower compensation payments, in favour of paying a…
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Dame Sandra Dawson vs Paula Vennells’ lawyer
I am publishing this blog post largely as an excuse to use one of my favourite screenshots of the entire Inquiry. See above. Corporate governance experts Dame Sandra Dawson and Dr Katy Steward wrote two lengthy reports about the Post Office’s corporate governance responsibilities and failings when it came to the scandal. On 12 and…
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Post Office torpedoes its relationship with MoneyGram
The Post Office has ceased to trade with MoneyGram, a company which Post Office customers can use to send money abroad. One Subpostmaster told me “these transactions were a pain but they were one of the very few that paid a decent remuneration.” Writing on Monday, Ed Dutton, the Post Office’s Product Portfolio Director told…
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Read stands aside to focus on Inquiry
Nick Read is stepping back from frontline duties as Post Office CEO to focus on Phase 7 of the Post Office Horizon IT Inquiry. In an all-staff newsletter, sent today, Read wrote: “Following a discussion with Post Office Chair, Nigel Railton and the Board, we have agreed that I should give my entire attention to…
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Post Office refuses to say how much Grabiner and Neuberger cost
On 4 October 2023, I asked the Post Office to disclose the fee notes for Lords Grabiner and Neuberger under the Freedom of Information Act. I thought it would be interesting to know just how much public cash the Post Office used to spend on their advice, which informed the Post Office’s decision to demand…
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More dispatches from the Post Office bunker: the PR guy goes Tonto
On 1 Dec 2014 I was in Cornwall, where Tim Robinson, Jane Goddard, Joe Cooper and I had been filming with former Subpostmaster Sue Knight. After 32 years service Sue had been sacked and prosecuted by the Post Office for false accounting. Although the prosecution had been dropped, Sue’s life was falling apart. She had…
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The taxi for Paula Vennells which never quite came
A powerpoint slide deck was the most newsworthy element to leap out of former Post Office chair Alice Perkins’ second day of evidence at the Post Office Horizon IT Inquiry today. Thanks to an anonymous nine-page presentation, we know that in February 2014 the government was tempted to sack Post Office CEO Paula Vennells because…
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Perkins in Wonderland: Day 1
The Post Office scandal did not happen, or get covered up because of a single Machiavellian baddie. It happened because a bunch of serially incompetent people spent oodles of other people’s cash groping their way around a crisis without the competence or moral backbone to do the right thing. Alice Perkins, Chair of the Post…
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Perkins Preview: what secrets will Lady Humphrey reveal?
Alice Perkins was Chairman of the Post Office for four years between 2011 and 2015. She got the job after a career spent in the civil service. One of the people who ostensibly worked for her during that period told me Perkins was “patronising… wooden and inarticulate”, complaining she “couldn’t connect with people at all……
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Grey Day gives little away
Chris Day, former Post Office Chief Financial Office had all the hallmarks of a low-wattage witness. He met that expectation square on. I think I was the only journalist present today. More fool me. Taken at snail’s pace through multiple documents we’ve seen before, Day was unable to see the real risks in the Horizon…