Post Office chairman Nigel Railton confirmed the plans during a morning meeting, stating the long-term goal is to transform the company into a "fully franchised" business model.

More than 100 Post Office branches and some 1,000 jobs are at risk under a sweeping overhaul as the group looks to boost postmaster pay by £250 million over five years. The Post Office revealed it was looking to offload 115 directly-owned branches within its 11,

More than 100 Post Offices across the country are at risk of shutting, with more than 1,000 people potentially losing their jobs

More than 100 Post Office branches and hundreds of head office jobs are at risk as part of a radical shake-up of the business, the BBC understands. Under the plan, 115 loss-making branches wholly owned by the Post Office could be closed.

Up to 115 Post Office branches and hundreds of head office jobs are at risk as part of a radical shake-up of the business.

Over 100 Post Office branches have been deemed at risk of closure - including a number in Northern Ireland. The move affects 1,000 jobs and the locations that have been put at risk are the 115 Crown Post Offices branches,