The UK Post Office is planning to close over 115 unprofitable branches, impacting around 1,000 jobs, as part of a significant restructuring aimed at improving financial stability. The review, led by new chairman Nigel Railton, follows a long-standing inquiry into the Horizon IT scandal that wrongfully prosecuted numerous sub-postmasters. Railton emphasizes the need for a new agreement centering on sub-postmasters’ roles. The government is also conducting a separate review on the future structure of the organization, alongside potential opportunities for Post Office branches to fill voids left by closing bank branches.