Fears are mounting that dozens of Post Office counters could disappear from Britain’s high streets after the new owner of WH Smith’s former retail arm moved to make it easier to shut branches inside its stores.
TG Jones, the chain created after private equity firm Modella bought WH Smith’s high street business last year, currently operates 180 Post Office branches.
Under sweeping restructuring proposals, up to 60 of those could close.
The plans centre on sharp rent reductions across large parts of the estate, with landlords expected to reject the lower payments and instead reclaim their properties.
That could trigger the closure of as many
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