Tesco has expressed interest in acquiring more than 100 Crown Post Offices whose future has been placed under review as the state-owned company explores shifting them to a franchise model.
Sky News has learnt that Nigel Railton, the Post Office chairman, told a group of MPs this week that Britain’s biggest retailer had informed it of a potential interest in taking over the sites.
One MP who attended the talks on the future of the directly managed branches said that Mr Railton had given the impression in his remarks that Tesco was among a small number of suitors which could take over the entire 108-strong network.
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The fate of the Crown Post Offices was called into question last autumn as part of a wider strategic review initiated by Mr Railton, who took over as chair of the company following Henry Staunton’s sacking by Kemi Badenoch, the then business secretary.
Collectively, the branches employ close to 1,000 people, with many of those jobs likely to be safeguarded in the event of an acquisition of the whole network by a single retailer.
The meeting between Mr Railton and more than 20 MPs was organised to discuss the future of the directly managed branches, which form a very small part of the wider Post Office network.
Trade union officials have expressed concern about the company’s plans.
Following several enquiries, Tesco eventually responded by saying it would not comment.
A Post Office spokesperson said: “We are fully committed to engaging openly and transparently with MPs regarding…
