EconomyLens.com
No Result
View All Result
Wednesday, September 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

UK Post Office chief sacked as firm reels from IT scandal

Andrew Murphy by Andrew Murphy
January 29, 2024
in Business
Reading Time: 4 mins read
A A
0
19
SHARES
237
VIEWS
Share on FacebookShare on Twitter

London (AFP) – UK Business Minister Kemi Badenoch on Sunday said she had sacked the chairman of the Post Office amid tensions over the scandal of hundreds of subpostmasters wrongly convicted of theft due to faulty accounting software.

A television drama in early January that told the story of the subpostmasters’ ordeal and their ongoing battle to clear their names and secure compensation shocked the nation.

The strong public reaction prompted Prime Minister Rishi Sunak to announce in parliament that his government would legislate to ensure the victims of what has been called Britain’s biggest miscarriage of justice were “swiftly exonerated and compensated”.

Related

Trump extends delay on US TikTok ban until mid-December

Nestle says chairman Paul Bulcke to step down

Hollywood giants sue Chinese AI firm over copyright infringement

Trump concerned S. Korean arrests could ‘frighten’ investors

German defence giant Rheinmetall to take over warship maker

“We had a conversation and it was agreed that it was better that the Post Office had new leadership going forward,” Badenoch told Sky News, confirming that she had removed Post Office chief Henry Staunton.

There has been intense criticism of previous Post Office chief Paula Vennells and others who are accused of allowing the prosecutions to continue even after problems with the software were known about.

Staunton, appointed in December 2022, was not at the helm during the installation of the faulty Horizon software or the subsequent legal cases.

“But I decided that given all of the difficulties thePost Officeis having, it’s not just about Horizon, it’s about the entire business model, how we make it work, that we needed someone who could chair a board that was able to deal with these things effectively,” Badenoch added.

The minister also said she “certainly” expected Japanese tech firm Fujitsu to pay compensation over the scandal.

Glitches in the IT system made it look as if money was missing leading to the conviction of over 700 subpostmasters for theft or false accounting between 1999 and 2015.

Some went to jail, were made bankrupt or lost their homes.

Four took their own lives.

Badenoch said she had written to the chairman of Fujitsu asking for meetings.

“Fujitsu…are very much a part of this story, it’s not just Post Officemanagement, and I hope that they will do the right thing,” she said.

Head of Fujitsu’s European arm Paul Patterson told a public inquiry probing the scandal earlier this month the company had a “moral obligation” to help compensate the subpostmasters.

“I am personally appalled by the evidence that I have seen and what I saw on the television drama,” he said.

Tags: Post Officescandalsubpostmasters
Share8Tweet5Share1Pin2Send
Previous Post

US Fed rate cuts become question of when, not if

Next Post

French PM to visit farm as agricultural unions vow Paris ‘siege’

Andrew Murphy

Andrew Murphy

Related Posts

Business

German defence giant Rheinmetall to take over warship maker

September 15, 2025
Business

Australia’s ANZ bank hit with record fine over ‘widespread misconduct’

September 14, 2025
Business

Trump concerned S. Korean arrests could ‘frighten’ investors

September 14, 2025
Business

Boeing defense workers reject deal to end strike

September 12, 2025
Business

Board of Spain’s Sabadell bank rejects BBVA takeover bid

September 12, 2025
Business

S. Korean workers arrive home after US detention

September 12, 2025
Next Post

French PM to visit farm as agricultural unions vow Paris 'siege'

Cement giant Holcim's shares soar after N. America spinoff news

China's Evergrande: what happens next after liquidation order?

Oil rises on fresh Middle East fears, equities advance

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

UK inflation stable ahead of central bank rate call

September 17, 2025

Lower shipments to US, China weigh on Singapore August exports

September 17, 2025

India’s gaming fans eye illegal sites after gambling ban

September 16, 2025

EU business lobby head says China rare earths snag persists

September 16, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.