Overview

• A report by the Business and Trade Committee found only 20% of the designated compensation budget has been paid out to victims.
• The committee accuses the Post Office of providing misleading evidence and calls for an independent body to take over compensation schemes.
• Legal and forensic accounting services are recommended to ensure victims secure fair redress.
• The MPs' report highlights a 'toxic' culture within the Post Office and demands legally binding timeframes for compensation payouts.
• More than 700 subpostmasters were wrongfully prosecuted due to errors in the Post Office's Horizon IT system.