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Stock impact report

Sunak Team's War of Words on Post Office Scandal Spurs Backlash [BNN Bloomberg (Canada)]

FUJITSU LTD UNSP/ADR (FJTSY) 
NASDAQ:AMEX Investor Relations: fujitsu.com/global/about/ir
Company Research Source: BNN Bloomberg
as the biggest scandal in British legal history: the thousands of storekeepers falsely accused of stealing from the Post Office franchises they were running. After a TV drama watched by millions piled pressure on the government to end the two-decade saga, Sunak returned to Parliament in January promising to quash hundreds of convictions and speed up compensation to sub-postmasters, as they are known. The immediate political furor appeared to dissipate. But an ugly spat over those payments — and the accusation by a sacked former Post Office chairman that Sunak's government wanted to delay them so it could “hobble” through to a UK election that polls say it is on course to lose — have reignited the political furor. Suddenly Sunak is at risk of being linked to a scandal that until now voters saw as largely predating his administration. The government has “taken unprecedented steps” to ensure victims receive compensation “as swiftly as possible and in full,” Sunak told the House of Show less Read more
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