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Here are some of the main points from Jonathan Reynolds’s evidence to the Post Office inquiry so far this morning.

Reynolds said he accepted as business secretary he was responsible for ensuring the compensation scheme operated properly. He said in the past there had been “insufficient accountability”.

He said that since the general election there has been a “significant increase” in the pace at which compensation is being paid. The journalist Nick Wallis (who wrote a superb book, The Great Post Office Scandal) is live tweeting from the inquiry, and he quotes Reynolds as saying:

Since the general election there has been a significant increase in the pace at which compensation has been paid. The overall quantum of compensation is up in the last four months by roughly a third and the number of claims to which there has been an initial... offer being made in response to that claim has roughly doubled in the last four months [to] what it has been in the four months preceding the general election.

Home Office officials do not believe Labour’s plan to “smash the gangs” will work as a way of bringing down illegal migration to the UK, i can reveal.

They say that civil servants in the department have been “underwhelmed” by the approach that was being outlined again this week by Sir Keir Starmer and Home Secretary Yvette Cooper.