Board posts loss of £500,000 over last year
The chair of the post office says she's hopes the organisation can balance its books in the next three years.
It's after a £500k loss was posted for the last financial year.
Julie Edge MHK says savings have been made in a number of areas as part of its modernisation strategy, approved by Tynwald this year.
These include the closure of some sub post offices, pensions changes, and a move to five-day mail delivery service.
Ms Edge says finances are heading the right way:
You can watch Ms Edge's full interview with Manx Radio's Ewan Gawne below:
VAT reduction on electricity extended
Some EU deliveries suspended 'until further notice'
Manx actress to return to West End in April
No word from Barclays over Island job losses in global cost cutting move
