Post Office owners can't sell branches as new buyers say brand is 'toxic'

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Post Office owners can't sell branches as new buyers say brand is 'toxic'
Cumbria
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Graham Livesey, of the Beehive in Stavely, Cumbria, said his PO branch had been on the market since 2015 with no viewings

Victims of the Post Office scandal say they are trapped in their branches - as the affair has put off anyone from buying their businesses.

''I know three branches in South Cumbria that recorded shortfalls, and a lot of little village branches have shut down and not successfully relocated. Rosalind Cobb, who confirmed she and her husband had put in a claim for historic shortfalls from the Horizon scandal, will retire after failing to sell the branch over the past two years. The owner of the branch in Llangefni, Anglesey, said: “We don’t think we had a buyer of our post office because of the Horizon scandal.

He added: “We’re partly not getting interest because of the scandal, but also because of remuneration being rubbish. The money just isn’t there. Across west Somerset and north Devon, more than 14 branches have closed over the past 15 months.

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