Embattled Post Office boss Nick Read to step down

Chief executive to testify at inquiry into Horizon scandal before formally leaving in March

Nick Read, the embattled chief executive of the Post Office, is to step down next year.

Read, who is due to give evidence to the inquiry into the Horizon IT scandal at the state-owned body in October, had already temporarily stepped back from his role in July to give his entire attention" to preparing for his appearance.