Services of general economic interest: UK Post Office Ltd* On 23 March 2011 the European Commission authorised public assistance to the UK Post Office Ltd (POL), for a period of one year starting on 1 April 2011, for the funding of its network of post offices and the continuation of existing loan facilities funding the provision of cash services at post office counters. The Commission concluded that the aid is compatible with EU rules because it does not overcompensate the net costs of the important public service tasks entrusted to POL and thus does not give POL any unfair competitive advantage. POL is a limited company incorporated under UK private commercial law in 2001 and a subsidiary company
The EU Commission authorises public assistance to the UK postal services operator, finding that the aid is compatible because it does not overcompensate for the public service tasks carried out, and therefore does not give any unfair competitive advantage (Post Office Limited)
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