Chair Julie Edge makes a statement in Tynwald
The Isle of Man Post Office is set to report a loss this year, for the first time in its history.
Chair Julie Edge revealed the news in Tynwald this afternoon (Tues 17), in a statement on the company's five-year strategy.
Mrs Edge told members a decline in demand for its traditional services, in favour of online transactions, is partly to blame.
The Onchan MHK also highlighted issues with the postal workers' pension scheme among the factors:
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