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flag UK Post Office cuts 100 jobs, funds pay rise for subpostmasters amid Horizon scandal reforms.

flag The UK Post Office plans to cut around 100 jobs, mostly senior managers, to fund a £250 million pay increase for subpostmasters over five years. flag This move follows the Horizon IT scandal, where defective accounting software led to wrongful convictions of subpostmasters for theft. flag The Post Office is also looking to offload 115 directly-owned branches as part of a broader restructuring to ensure financial sustainability.

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