Government and peoples bank?

Story link: Government and peoples bank?

Government and peoples bank?
The Post Office recently sent its customer letters regarding the compensation plan, or lack of compensation plan for that matter.
Post Office customers are now not entitled to the compensation, so why would we want to use them.
http://news.bbc.co.uk/1/hi/business/7863825.stm
The government has confirmed that it is hoping to extend banking services at the Post Office, creating a so-called ‘People’s Bank’.
The Department for Business Enterprise and Regulatory Reform (BERR), headed by Lord Mandelson, wants to broaden services at the 12,000 UK post offices.