Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Future of An Post Network: Discussion

Mr. Ned O'Hara:

It is as up to date as it was 15 months ago. Inflation has kicked in since. We got an updated report in April and it has identified the gap from our perspective as being €12 million. The costs may have gone up from €70 million but we have got no pay increase. The cost of providing the network remains at €70 million. The revenue was €53 million. We get additional revenue from Bank of Ireland and the customs service, arising from Brexit, as well as one or two other things. The gap has been closed by €5 million but the network now needs a minimum of €12 million.

Comments

No comments

Log in or join to post a public comment.