Post Office sought double pay for chief executive

The former chairman of the Post Office twice asked for boss Nick Read's pay to be doubled, MPs heard on Wednesday. Nick Read became chief executive of the Post Office in 2019 as the organisation dealt with the fall-out and declining revenues. During the hearing in Westminster, campaigner Alan Bates said that the bitter row that has broken out between government, Mr Staunton and the Post Office was a "Distraction", adding that the government needs to "Get on and pay people". Mr Staunton was sacked from his post in January by Business Secretary Kemi Badenoch who cited concerns about Post Office governance and "The entire business model". His two-decade fight inspired the recent ITV mini-series - Mr Bates vs the Post Office - which told the story of hundreds of sub-postmasters and postmistresses who were wrongly prosecuted after a faulty accounting system suggested money was missing from Post Office branches.

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