Bear in mind they hadn't accepted any responsibility for the problems until relatively recently, which is really when the compo clock would start ticking, not while they were still in denial.
Also I think I read somewhere that over 30% of cases have actually been withdrawn or rejected - also that there have always been dishonest postmasters so you can't just go and payout willy nilly.
I also recall reading (was it here maybe?) that the normal process for overturning convictions etc is fairly cumbersome and there simply isn't enough spare court time/officials/whatever available to just process them all right away.
It is shocking that the management don't even appear to be under any threat of charges - but then I expect there is a lot going on which we aren't party to.
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