Thousands of Subpostmasters facing financial ruin as Post Office closes main Horizon compensation scheme.
In a devastating blow to those affected by the Horizon IT scandal, the Post Office is set to close its largest compensation scheme this weekend, leaving many without access to vital support. The Horizon Shortfall Scheme (HSS), which has received over 9,500 applications, will cease accepting new claims at midnight on Saturday.
Under the scheme, subpostmasters who have suffered losses due to the faulty IT system can claim a fixed £75,000 or pursue a higher amount. However, despite efforts by the Post Office to promote awareness of the closure date, hundreds of applications continue to arrive each month - 357 between November and December alone.
This raises concerns that many eligible individuals will miss out on compensation due to an arbitrarily imposed deadline, with experts warning that "the number could conceivably amount to several thousands of individuals". Lawyers are now preparing applications to meet the current deadline, highlighting a worrying lack of transparency from the Post Office.
The Horizon scandal led to the wrongful prosecution of over 3,500 subpostmasters, with many facing financial ruin and emotional distress. The UK government has paid out billions of pounds in compensation so far, but critics argue that this is only a fraction of the losses suffered by those affected.
"The scheme's closure will undoubtedly cause further hardship for many who are already struggling," said Matthew Haddow, partner at Menzies LLP. "The true value of their losses goes far beyond just making good a shortfall - it's about the impact on family, friends and trust."
As the deadline looms, critics are urging the Post Office to provide more clarity on its decision-making process and to disclose how many subpostmasters may be affected by the closure date. With 300 or more new claims still emerging each month, it appears that the deadline is unlikely to catch everyone.
In a devastating blow to those affected by the Horizon IT scandal, the Post Office is set to close its largest compensation scheme this weekend, leaving many without access to vital support. The Horizon Shortfall Scheme (HSS), which has received over 9,500 applications, will cease accepting new claims at midnight on Saturday.
Under the scheme, subpostmasters who have suffered losses due to the faulty IT system can claim a fixed £75,000 or pursue a higher amount. However, despite efforts by the Post Office to promote awareness of the closure date, hundreds of applications continue to arrive each month - 357 between November and December alone.
This raises concerns that many eligible individuals will miss out on compensation due to an arbitrarily imposed deadline, with experts warning that "the number could conceivably amount to several thousands of individuals". Lawyers are now preparing applications to meet the current deadline, highlighting a worrying lack of transparency from the Post Office.
The Horizon scandal led to the wrongful prosecution of over 3,500 subpostmasters, with many facing financial ruin and emotional distress. The UK government has paid out billions of pounds in compensation so far, but critics argue that this is only a fraction of the losses suffered by those affected.
"The scheme's closure will undoubtedly cause further hardship for many who are already struggling," said Matthew Haddow, partner at Menzies LLP. "The true value of their losses goes far beyond just making good a shortfall - it's about the impact on family, friends and trust."
As the deadline looms, critics are urging the Post Office to provide more clarity on its decision-making process and to disclose how many subpostmasters may be affected by the closure date. With 300 or more new claims still emerging each month, it appears that the deadline is unlikely to catch everyone.