Mr. Brian McGann:

We believe that the closure of post offices can be cyclical. One must, therefore, look at the longer term. From 2006 to date, 209 offices have closed. If, as I said earlier, the welfare payments business is removed from post offices, then within three years the network will be halved. Grant Thornton has stated that in its estimation and based on the loss of that contract, 557 post offices will close.