New figures today reveal Post Office continued to handle record amounts of cash in August, despite the fact it is traditionally a quieter month for cash transactions at its branches. Cash transactions in September had initially been on track to hit even higher levels at Post Office’s 11,500 branches.
Research reveals that many Britons considering trips abroad will cut their spending budget or choose a cheaper destination in view of sterling’s volatility
Commenting on what Post Office is seeing in the currency market on 26 September, Nick Boden, Head of Post Office Travel Money, the UK’s largest provider of foreign currency, said:
“The current fall in sterling against many currencies varies quite significantly. For example, while sterling is down by over 20 per cent against the US dollar and currencies like the UAE dirham, Barbados dollar and
Post Office has secured an agreement with DHL Express in the UK to deliver parcels directly to Post Office branches as part of DHL’s Service Point network
Athens and Lisbon have emerged as best value for an autumn break in Europe, according to the annual Post Office Travel Money City Costs Barometer
Post Office Chief Executive Nick Read has announced a one-off payment and a package of remuneration improvements to help support Postmasters during the cost of living crisis.
New research from Post Office Travel Insurance* has found how much the impact of Covid and ongoing travel issues have changed UK sunseekers’ attitudes towards planning for the continuing uncertainties of travel in 2022 and into 2023.
Post Offices handled a record £801 million in personal cash withdrawals in July, up almost 8% month-on-month (£744 million, June 2022) Post Office attributes increase to more Brits taking staycations in the UK and people increasingly relying on cash to manage their budget Only second time that personal cash withdrawals have exceeded £800 million (previous time was December 2021 when there’s alway
The most common misconceptions surrounding life insurance relate to how the policy pay out works and how life assurance differs from insurance.
Providing financial security for their family is named the most popular reason for taking out life insurance.
Policy holders were just as likely as those without life insurance to fall victim to misconceptions.
Almost a fifth of people (18%) wit
The Court of Appeal today (25th July 2022) formally overturned five convictions in appeals uncontested by Post Office. The cases, from between 2004 and 2013, relate to convictions in Crown Courts in which Post Office acted as prosecutor. Applications for permission to appeal were made to the Court of Appeal earlier this year.
The Court will provide written Judgment at a later date.
The total
Bulgaria and Turkey are best for bargain hunters hoping to keep holiday spending down But sterling’s recent fall means price rises for Britons in most European holiday hotspots Report again finds big price variations across 13 Eurozone destinations – Algarve is best value Three-quarters of parents admit overspending by around 38% on their last trip abroad – with meals and kids’ beach extras busti
Southwark Crown Court today (22 July 2022) formally acquitted a former Postmaster in a case referred by the Criminal Cases Review Commission (CCRC), in an uncontested appeal. The case, from 2001, related to a conviction in a Magistrates’ Court in which Post Office acted as prosecutor.
A Post Office spokesperson said:
“Post Office is sincerely sorry for the failures of the past and we are tak
