The post office plans to sell assets or take new loans to help provide an ambition to strengthen the salary of subposters of 120 million pounds Sterling this year, said its president.
Sky News has learned that Nigel Railton, who was confirmed as the long -term president of the Crown’s company last week, told thousands of branches of branches which he had so far classified by 86 million pounds sterling to increase their remuneration.
In a speech in Chesterfield, Mr. Railton would have told the subposters that the post office board of directors was redoubled his efforts to reach the target of up to 120 million pounds sterling for wages.
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The company explored options, including additional savings, asset sales, selling and rental opportunities and loan options, he told them.
A source said that Mr. Railton said on Wednesday morning that without the measures already taken by the management of post offices, subposters would end up with salary increases this year only 2%, rather than the 20% he had now obtained.
Progress towards his target of 120 million pounds sterling comes only three months after the president of the post office was forced to issue a more somb prognosis company with scandal.
In March, Mr. Railton said he had not yet obtained a certainty of Whitehall about 120 million pounds sterling for this year.
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“Our financing discussions are positive and underway, but I want to be honest that we are operating in a difficult financial environment,” he said at the time.
The post office depends on the funding of the government, and last November, described the plans for an ambitious transformation of its activities, which includes a substantial number of job cuts.
He hopes to compensate for the deficit of 34 million pounds sterling to achieve his goal of 120 million pounds sterling, according to the initiates, while he seeks to rebuild his public and internal reputation following the horizon scandal.
A spokesperson for the post office confirmed on Wednesday the remarks of Mr. Railton.