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  • Post Office proposals for its withdrawal from the external cash delivery market to improve support to its own branch network and reduce costs

    The Post Office today confirmed that it has entered into consultation with its unions and employees about changes to its Supply Chain operation designed to improve support for its branch network, reduce costs and continue its journey towards becoming a commercially sustainable business.
    Supply Chain is the Post Office’s logistics operation that collects, delivers and processes cash, valuables a

  • Pump prices fall across Europe for holiday motorists despite slide in Sterling






    Low cost of crude oil brings pump prices tumbling down across Europe despite weaker pound (www.postoffice.co.uk/holidaymotoring) Biggest falls felt in Switzerland (unleaded petrol) and Greece (diesel) Andorra offers cheapest fuel for the holiday motorist Three-quarters of the 20 European countries surveyed offer sub-£1 litre of diesel Pump prices have plummeted by 15-31

  • More than a third of homes sold last year were in areas unaffordable for first-time buyers

    More than a third (36 per cent) of all properties sold last year were in areas where the average home was unaffordable for first-time buyers Average property prices equivalent to more than five times the average income of first-time buyers Tale of two cities: Brighton and Southampton at different ends of the affordability spectrum despite being separated by just 70 miles
    Soaring house price

  • Holidaymakers overspend by £1.55 billion in resorts abroad – but most rate Spain as best value


    Cost remains a key destination decider for UK holidaymakers Despite concerns about costs, only a third of holidaymakers keep to their budget on overseas trips – with average resort overspend of 26 per cent Value still key to destination choice: Spain rates best and Thailand is best long haul Families are far less positive than individuals about value in Cyprus, Croatia, Mexico and Bulgaria

  • Post Office currency sales suggest surge in demand for long haul holidays after euro rise against pound

    While sterling has slumped to a 22-month low against the euro and is significantly weaker than a year ago against most European currencies, it has strengthened against currencies for top long haul destinations.At a time when pundits are reporting a surge in demand for long haul packages because these now come close to matching the cost of European holidays¹, intelligence from the latest quarterly

  • Post Office Money Launches Competitive Mortgage Deals

    Post Office Money has today enhanced its already competitive mortgage range by announcing new fee-free mortgage deals, including the lowest Help to Buy two-year fixed rate mortgage in the market for a product without an arrangement fee.*
    The new range of mortgage deals includes:
    80% LTV 2.28% two-year fixed rate mortgage** 80% LTV 3.03% five-year fixed rate mortgage ** 85%

  • POST OFFICE LTD AND WHSMITH IN NEW TEN YEAR AGREEMENT

    Up to 61 Post Office branches will relocate to WHSmith stores
    The Post Office today announced a new 10-year agreement with WHSmith to relocate more Post Office branches into the UK retailer’s modernised stores, keeping services on high streets throughout the country and bringing further investment for customers.
    WHSmith currently operates 107 Post Office branches from their stores. Under th

  • European beach resort prices lower than feared after pound's plunge from its 2015 seven-year high

    10th annual Post Office Travel Money Holiday Costs Barometer reveals best value European hotspots (www.postoffice.co.uk/holidaycosts)

    Cheap local prices in the 10 best value resorts cushion the impact of sterling’s slide Prices may be up on 2015’s record lows but tourist staples are still up to 23 per cent lower than in 2014 and are up to 45 per cent cheaper than five years ago Sunny B

  • HEAD EAST FOR A BARGAIN CITY BREAK AS STERLING SLIDES

    Clean sweep for Eastern Europe in 2016 City Costs Barometer: Warsaw heads cities that fill eight of the best value top ten (www.postoffice.co.uk/citycosts) Lisbon is Western Europe’s cheapest city – overtaking Athens Prices are up in 80 per cent of cities: biggest rise of 28 per cent in Dublin Meals and drinks are lowest-priced in Prague
    UK tourists planning city breaks in Europe this sprin

  • Post Office Money Launches Competitive Mortgage Deals

    Post Office Money has today enhanced its already competitive mortgage range by announcing new fee-free mortgage deals, including the lowest Help to Buy two-year fixed rate mortgage in the market for a product without an arrangement fee.*

    The new range of mortgage deals includes:
    80% LTV 2.28% two-year fixed rate mortgage** 80% LTV 3.03% five-year fixed rate mortgage ** 85% LTV 2.3

  • Boom in beach brides as Brits opt for overseas weddings

    70 per cent increase in average value of payments sent abroad for wedding-related expenses 73 per cent of travel agents report increase in demand for weddings located on a beach, with Cyprus, the Caribbean and Greece amongst the top destinations Couples concerned about foreign exchange costs can plan ahead and fix rates up to a year in advance
    Apparently life’s a beach when you get ma

  • Mums want to be treated not tweeted this Mother’s Day

    Three quarters (74 per cent) of millennials plan to post digital dedications this Mother’s Day Physical cards still reign supreme in mum’s eyes One in six (14 per cent) admit posting cyber celebrations because they love getting likes and shares by others

    02.03.16: New research from Post Office has revealed that almost three quarters of millennials (74 per cent) plan to send their

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