Post offices in £50m plea: Bosses say 3,000 rural branches face 'armageddon' without extension of annual subsidy
More than 3,000 rural post offices face 'armageddon' without a £50million bailout, campaigners warned yesterday. They are calling on Chancellor Rishi Sunak to extend the annual subsidy after April next year, when it is due to expire. The cash keeps afloat 3,100 branches that are too small to make a profit and are now being battered by the pandemic. The fate of the subsidy will be decided in the spending review tomorrow. More than 3,000 rural post offices face 'armageddon' without a £50million bailout, campaigners warned yesterday (file image) Andy Furey, of the Communications Workers' Union, said: 'We're already at a tipping point – if we don't get the subsidy it's armageddon.' Post offices have become crucial for many elderly or isolated people because hundreds of banks and cash machines have shut, prompting the Mail to launch the Save Our Post Offices campaign last year. SNP MP Marion Fellows, chairman of the all-party parliamentary group for