The Post Office has announced plans to close or transfer 115 of its Crown branches, potentially affecting around 1,000 jobs, as part of a broader transformation initiative. These branches, directly owned by the Post Office and mostly located in city centers, might be transferred to retail partners or independent postmasters. This move is part of a strategy to address financial losses and to double postmaster pay by 2030, with an additional £250 million proposed for postmaster remuneration over the next five years, pending government funding. The restructuring aims to rebuild trust following the Horizon IT scandal and involves reducing central office staff. Business minister Gareth Thomas emphasized the need for cultural change within the Post Office to better serve postmasters and customers. The transformation plan is also designed to provide postmasters a greater voice in operations, from the frontline to the boardroom.