Tesco 'interested in acquiring axed Post Office branches' as part of franchise model

According to reports, Tesco has shown interest in taking over a selection of Post Office branches that have been discontinued, with the intention of operating them under a franchise model.

Sky News revealed that Post Office chairman Nigel Railton informed MPs earlier this week about the UK's largest supermarket chain's interest in the 108-site Crown Post Office network, as reported by City AM.

WHSmith and the Co-op are already managing numerous post offices across the UK as franchises. The remaining offices, known as Crown Post Offices, are now the focus of Tesco's expressed interest.

The future of the Crown Post Offices has been uncertain since last Autumn when Railton