Post Office increases year on year trading profit in 2018/19 to £60 million. A £25 million increase on the previous financial year.
A 2% increase in turnover to £972 million. Up from £956 million in 2017/18
The Post Office has reported that its trading profit for 2018/19 was £60 million, an increase of £25 million compared with the previous financial year. This was its third consecutive
• Bulgaria’s Bansko is cheapest for family skiing out of 25 ski resorts surveyed • Italy trumps Austria, France and Switzerland to take four of the top five places in the Family Ski Resort Report (www.postoffice.co.uk/familyskiing) • Prices have fallen in six of the most popular European resorts – but families can expect to pay over 10 per cent more in Grindelwald and Kranjska Gora
Over two-fifths (44%) of UK drivers are unaware that driving licences must be renewed every 10 years
Over half (51%) don’t know when their driving licence expires, despite serious consequences for driving with an out-of-date licence
Almost three million people possess an out-of-date licence
Over two-fifths of UK drivers (44%) don’t know their driving licences must be renewed ever
130 MILLION CASH WITHDRAWALS, DEPOSITS AND BALANCE ENQUIRIES UNDERTAKEN BY CUSTOMERS OF UK BANKS AT POST OFFICE BRANCHES LAST YEAR OVER 11,500 POST OFFICE BRANCHES PROVIDE A LIFELINE TO CASH WITHDRAWALS FOR MORE VULNERABLE CUSTOMERS AND THOSE LIVING IN URBAN DEPRIVED AND RURAL AREAS NEW AGREEMENT ENSURES THAT THE RIGHT PAYMENT LEVELS ARE IN PLACE FOR POSTMASTERS PROVIDING THESE ESSENTIAL SERV
Relationship extended from 2023 to at least 2026
Renewed partnership will focus on retail savings, residential mortgages and loans
New arrangement enables Post Office to engage with new partners and expand its financial services offer
The Post Office has announced that it has refreshed its long term financial services partnership with Bank of Ireland (through Bank of Ireland (UK) plc).<
Budapest is cheapest of 18 cultural capitals for the second year running with Prague and Warsaw offering next best value
Costs fall in five of the 18 cities, led by Moscow (down 30%) and Berlin (down 17%)
Dublin remains best value in the Eurozone - under half the cost in Milan and Madrid
London culture costs a third less than New York
The low cost of world-class culture has made a trio
Nick Read, the newly appointed Group Chief Executive at the Post Office, has today (16 September) started with the business.
Mr Read was previously CEO at both Extra Energy, and Nisa Retail, after senior roles at Tesco, Thomas Cook, Vodafone, HBOS and Lloyds Banking Group.
Commenting on his first day as Group CEO of Post Office, Nick Read said:
“I am delighted to have started at one of th
Long Haul Holiday Report (www.postoffice.co.uk/longhaul) reveals that while local price falls in half of 30 destinations surveyed will cushion the impact of sterling’s slide, UK visitors can expect to pay more than last year in three-quarters of resorts and cities
Tokyo, Cape Town and Bali offer the best value, but there are big falls in Antigua, 28 per cent cheaper than last year, and
Post Office Money annual study reveals the hotspots and coldspots for first-time buyers looking to get on the ladder Post Office Money reveals the most affordable places in the UK with Blackpool, Southampton and Greater Manchester towns such as Wigan and Oldham topping the list First-time buyer coldspots revealed in the historic cities of Oxford, Cambridge and York The average house price (£
Post Office and Payzone Bill Payments launch payment services for ScottishPower Smart Metering
ScottishPower customers can now top up their meters conveniently at nearly 25,000 locations from today
The move will offer more choice for ScottishPower customers, in turn driving footfall to both Post Office branches and Payzone outlets
Post Office and Payzone Bill Payments have launched p
Post Office Travel Money and Airbnb join forces to identify best value in top 10 growth cities
Little-known cities in Eastern Europe dominate the city holiday destinations that are showing the greatest growth in demand for Airbnb accommodation
Lviv in Ukraine heads that list and is cheapest in a new Post Office costs barometer
Bari in southern Italy is western Europe’s best value amo
Cash remains king for many retailers – more than half (53 per cent) of people had visited a cash only retailer in the last year
More than a quarter (27 per cent) of people unable to buy gifts and souvenirs from cash only retailers (such as markets or traders) and a further quarter (26 per cent) unable to treat themselves or family at chosen eatery
11,500 Post Office branches across the UK
