The Post Office is predicting that close to £1 billion worth of cash will be withdrawn over the counter at its branches in December.
Two serving Postmasters, Brian Smith and Sara Barlow, have been elected to the Post Office Board as Non-Executive Directors.
Post Office has announced that it is expecting Monday 9th December to be its busiest day across UK branches for sending Christmas parcels and post. With Brits sending gifts across the nation (20 per cent) and abroad (17 per cent) this year, Post Office is reminding the public of the importance to post presents early to ensure gifts arrive on time.
This announcement comes alongside new research
The new Post Office winter sun study reveals the best holiday destinations
62 percent of Brits feel cheated out of a British summer this year following the coolest one in a decade[1] – with 70 percent saying they long for warmer days when its winter.
Yet half (49 percent) of Brits do not take vitamin D despite the lack of sun over the summer – with 52 percent saying they do not think they g
Two-thirds of Brits are buying and selling from online marketplaces However, maintaining positive reviews is crucial as 40 per cent of buyers won’t make a purchase until they’ve checked the sellers’ reviews Top ways sellers are maintaining high ratings include getting packages shipped quickly and responding to enquires within the hour Post Office branches are a one-stop-shop for online sellers –
Bratislava beats Vilnius to rate as best buy for a Christmas Market break
Prices fall in Krakow, Prague and Budapest but higher flight costs lead to rises in other cities
Copenhagen and Vienna are the most expensive of 14 European cities surveyed
Bratislava, Slovakia’s capital city, emerges as the bargain choice in the 2024 Post Office Travel Money’s Christmas Markets Barometer1 (www.postoff
Post Office Chair, Nigel Railton, has set out an ambitious five-year Transformation Plan for the Post Office to deliver a ‘New Deal for Postmasters’ that significantly increases their total annual income through revenue sharing and strengthens their role in the direction of the organisation.
Post Offices handled £3.69 billion in cash deposits and withdrawals in October.
Attitudes towards savings are shifting, with 30% finding saving money more exciting than it was five years ago. Nearly a third of Brits (29%) feel that saving for a "rainy day" is outdated, preferring to save for enjoyable experiences like holidays, new gadgets, or shopping. More than a third of Brits adopt a "you can't take it with you" approach, preferring to spend their money while they can.
Post Office is writing to around 25,000 postmasters who have not yet applied to the Horizon Shortfall Scheme.
The Scheme was established by Post Office in 2020, following the settlement of the High Court Group Litigation, to provide redress to current and former postmasters who suffered past losses related to previous versions of the Post Office’s Horizon computer system, in what has become kn
Post Office has distributed remuneration payments to postmasters through the Operational Excellence Incentive for the first time.
Three in five parents would prefer their children to receive cash as birthday gifts. Despite this, only 41 per cent of children receive monetary gifts from party attendees. A third of parents believe cash gifts reduce clutter, and 34 per cent see them as ideal for funding experiences or days out. Cash gifts also serve as a financial education tool, with 76 per cent of parents using them to teach
