Post Office Media

Sterling recovery means cash bonus for holidaymakers – but currency sales suggest long haul destinations may win out

18 April 2018 16:29

Holidaymakers visiting most overseas destinations this year are likely to benefit from a big cash bonus because of sterling’s strong recovery in recent months. However, when it comes to choosing a destination, Post OfficeTravel Money analysis of currency sales for its January-March 2018 Holiday Money Index suggests UK tourists may be looking further afield than Europe. Sales of long haul holiday

Wallet-watchers will get more for their money in Turkey and Bulgaria – while Eurozone resorts costa a lot more

14 April 2018 00:01

12thannual Post Office Travel Money Holiday Costs Barometerreveals the
best value European hotspots (www.postoffice.co.uk/holidayco... Beach, Bulgaria is best value for a bargain break for the fifth year running
Sterling’s surge against Turkish lira results in a 20 per cent price plunge in Marmaris
Algarve is cheapest in the Eurozone and 44 per cent cheaper than Sorrento, the most expensi

Post Office launches mortgages in response to the needs of modern millennial buyers

10 April 2018 10:42

New mortgages will help young people realise their dreams of owning their own home, without having to rely on financial help from their families First start mortgage; designed to boost the borrowing power of first time buyers through the support of a sponsor Post Office Family Link ™ mortgage; mortgage; helps families to provide support for young people who are trying to save for a deposi

BANKS AND POST OFFICE TO RAISE GREATER AWARENESS OF BANKING SERVICES AVAILABLE IN LOCAL POST OFFICE BRANCHES

29 March 2018 12:21

A comprehensive Action Plan is launched today by the finance industry and the Post Office to raise awareness of banking services available at Post Office branches amongst local communities with lower bank branch coverage.
The five-point plan will promote awareness of the day-to-day banking services, including paying in and withdrawing cash, that bank and building society customers can access at

POST OFFICE MEDIA ALERT: Forget the Easter egg hunt – there’s around millions of pounds in old tenners, fivers and round pounds to search for this weekend

29 March 2018 11:56

Post Office research, conducted by YouGov, has found that 29% (more than a quarter) of UK adults (age 18 and older) still have old currency (i.e. round pounds, old £5 or £10 notes) stashed somewhere – be that in their wallet, purse, change pot, car or house. The average amount that people believe they still have is around £13. However, around 6% of those adults asked believe they hav

Clean sweep for Eastern Europe as Post Office reveals best value cities for a pound-stretching break

24 March 2018 09:27

10 cheapest cities: Krakow, Vilnius, Riga, Warsaw, Budapest, Moscow, Prague, Athens, Lisbon and Lille • Krakow is best value as Eastern European capitals take top seven places in the 10th annual City Costs Barometer (www.postoffice.co.uk/citycosts) • High hotel prices make Amsterdam most expensive • Moscow is highest top 10 entrant – one of seven cities where prices have fallen

1 in 3 Brits have been injured while skiing….and it hurts even more because they don’t have insurance!

28 February 2018 15:36

More than one third (36%) of British skiers have sustained an injury on the slopes, and risk costly medical bills as almost half (48%) admit to having no insurance.* Almost one fifth (19%) have even sustained serious injuries including broken bones, fractured bones, pulled ligaments or tendons, sprains and concussions whilst 19% got away with cuts and bruises.
Whilst it is no secret that skii

The Illusory promise: 1 in 6 FTBs are funding their home purchase from a parental loan yet 87% have no proper agreement in place.

28 February 2018 15:27

Parents are loaning an average of £24,347 to help their children get on the property ladder compared to an average of £29,132 for those who gift the money
Majority of parents do not formalise an agreement with their house buying children and are failing to provide a deed of gift or letter of intent which could put them at risk legally.
Only one in five millennial buyers agree a monthly repa

46 days – how long the average UK family could maintain their lifestyle if they lost their main income How long could you maintain life as you know it?

28 February 2018 12:00

UK breadwinners hope to leave a lump sum of £100,000 behind for their families – but a large amount do not have life insurance (47%) Post Office’s research identifies a number of ‘at risk’ groups – including millennials and retail workers Lack of understanding of and faith in insurance products found to be fuelling the nation’s lack of financial planning – Post Office spokesperson Rob Clarkson

Choose rates for gain: Holidaymakers can cash in by swapping to destinations where sterling is surging in value

17 February 2018 00:01

Post Office reveals what the value of sterling means for holidaymakers
Sterling now stronger year-on-year against 80 per cent of holiday currencies Biggest gains of up to 16.7 per cent against long haul currencies ‘Dollar destinations’ – USA, Caribbean and Middle Eastern resorts – are 11.5-12 per cent weaker against sterling and down five per cent in the past three months Position is

£1.6 billion a year spent on impulsive purchases via social media

31 January 2018 09:48

A quarter make impulse purchases on social media on a monthly basis, spending an average of £318 per user per year 65% had regrets about their purchases One in seven confess to ‘financial upgrading’ – buying something more expensive than they had planned Despite this, nearly half say social media has no impact upon their spending habits More than half fell short of their

Post Office scoops Diversity and Inclusion award at Employee Engagement Awards

29 January 2018 13:27

26 January 2018
Post Office was delighted to be announced as the winner of the Diversity and Inclusion at last night’s (25th January) Employee Engagement Awards.
The awards, in association with People Insight, are the first and only global awards dedicated to employee engagement. They span 18 categories, covering areas such as unsung heroes to reward and recognition.
In 2017, Post Office

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