Cash withdrawals exceed £1 billion at Post Offices for first time on record
New figures reveal that for the first time on record, cash withdrawals at Post Offices exceeded £1 billion in a single month.
Christmas Day cash at Post Offices; £1 billion expected to be withdrawn across December
Over £3.7 million in cash was withdrawn or deposited over the counter at 1,300 Post Office branches that were open on Christmas Day.
Post Office predicts close to £1 billion in personal cash withdrawals in December; despite impact of ‘Storm Bert’ in November
The Post Office is predicting that close to £1 billion worth of cash will be withdrawn over the counter at its branches in December.
Cash transactions at Post Offices total £3.69 billion; highest amount since July
Post Offices handled £3.69 billion in cash deposits and withdrawals in October.
SAVING FOR A SUNNY DAY: A third of Brits are saving for life’s pleasures instead of rainy days
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 Nearly a third of Brits (29%) feel that saving for a "rainy day" is outdated, preferring to save for enjoyable experiences like holidays, new gadgets, or shopping.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.
Cash transactions at Post Offices show sustained strong demand for cash throughout summer months
Post Offices handled £3.64bn in cash deposits and withdrawals in August Across the UK, there was a strong year-on-year increase in business and personal cash deposits Personal cash deposits across the UK exceeded £1.52bn, a 13.74% year-on-year increase, whilst business cash deposits exceeded £1.18bn across the UK, a 3.86% increase year-on-year Wales experienced a particularly strong level of
Cash transactions at Post Offices exceed £3.7 billion for the first time
New figures released today reveal Post Offices handled a record £3.77 billion in cash deposits and withdrawals in July.
After two record-breaking cash handling months at Post Offices, unseasonable weather sees small dip in June
Post Offices saw cash deposits and withdrawals total a record £3.57 billion in May, beating the previous record high set in April 2024 (£3.48 billion). In June, cash transactions totalled £3.43 billion – with unseasonable weather resulting in a dip in business cash deposits – but was still the fourth highest amount on record. Business cash deposits totalled £1.13 billion in June, down both 3.4%
Cash transactions at Post Offices set new record for second month in a row
New figures released today reveal Post Offices set a new record for cash transactions at its branches for the second month in a row.
Post Offices see personal cash deposits up 5.5% year-on-year in March
Post Offices saw an almost 5.5% increase in personal cash deposits in March compared with the previous year.
Monzo joins Post Office Banking Framework with cash deposits for Monzo Customers nationwide
Post Office has partnered with Monzo
Post Offices see £3.37bn worth of cash transactions in January 2024; up over £140 million on January 2023
Post Offices handled £3.37 billion worth of cash deposits and withdrawals in January 2024, up over £140 million on January 2023
Show more
Loading...