Press Release: State aid: Commission endorses EUR 460 million funding for UK Post Office Limited for 2007/8

The European Commission has authorised, under the EC Treaty’s rules on state aid, proposed funding by the UK Government to allow Post Office Limited to continue to provide public services through the network of post offices in the financial year beginning 1 April 2007. As all the requirements of the Community framework for state aid in the form of public service compensation are satisfied, the Commission considers that the aid is compatible with the EC Treaty. In particular, the compensation measures are designed not to exceed the minimum necessary for Post Office Limited to continue providing the public services entrusted to it.