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Originally Posted by eublues
The deal struck in 2003 with the European Commission allowed the government to provide £150 million a year to subsidise the Post Office, which has been extended by another three years. However, the costs of backing the service cost £4 million a week, which means a £58 million deficit every year.
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I am not sure that this critical paragraph is clearly written. I think it might have been a little easier to understand if it had been something like:
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"The deal struck in 2003 with the European Commission allowed the government to provide a maximum of £150 million per year to subsidise the Post Office. However, the post office is still left with a deficit of £58 million each year, which the British government isn't allowed to assist with due to EU rules. Hence they have to make savings by closing post offices."
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