Rolling coverage of the latest economic and financial newsNigel Railton, the former boss of Camelot, the National Lottery operator, has been named as the interim chairman of the Post Office.Railton will succeed Henry Staunton, who was fired from his role in January, after barely a year in the job.Nigel has the necessary experience to lead an organisation as large and complex as the Post Office and I’m confident he will work well with the leadership team to implement the change that is required in the organisation.The Government is committed to delivering justice for the postmasters, but also fulfil our duties to Post Office staff. I want to thank Nigel for stepping up to public service at a time of need, and I know he can help fix the issues of the past whilst transforming the company for the future. Continue reading...