The Post Office’s outgoing chief executive has accused his employer of “living in a dream world” about the scale of the Horizon IT scandal when he was recruited to lead the state-owned company.

The chief executive of the Post Office has agreed the organization's leadership team was living in a "dream world" in the months leading up to the launch of a statutory inquiry into the Horizon IT scandal, one of the greatest miscarriages of justice in UK history.

The Post Office Horizon IT scandal led to hundreds of postmasters being wrongly prosecuted for theft and false accounting

Bosses did not appreciate the effects of the Horizon scandal on the business in 2019, chief executive Nick Read has conceded.

There can be few – if any – projects more important to the future of the Post Office than the replacement of the controversial Horizon IT system at the heart of the scandal that led to the UK’s most widespread miscarriage of justice.

Three individuals are currently under investigation by the Post Office and outside agencies over conduct in Horizon IT scandal, CEO Nick Read said

Henry Staunton appeared at the inquiry into the Horizon IT scandal. He said there was "no appetite" from bosses to exonerate those wrongly prosecuted

Post Office chief arrives to give evidence at Horizon IT inquiry, after dozens of postmasters were prosecuted for allegedly stealing funds, despite the Horizon system malfunctioning.