Horizon was the former accounting system used by the Post Office. Between 1999 and 2015, a number of Postmasters experienced shortfalls in cash and stock in relation to the data produced by Horizon. As a result, Postmasters were required to make good the shortfall.
In some cases, this led to bankruptcy, where some postmasters may have petitioned for their own bankruptcy or were subject to a bankruptcy order on the petition of a creditor.
The Insolvency Service and the Official Receiver, acting as trustee in bankruptcy, continues to assist former Postmasters impacted by bankruptcy and we are working closely with the Post Office and the Department for Business and Trade to ensure that claims for compensation are paid as quickly as…