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Post Office Annual Report 2012-2013

Post Office Annual Report 2012-2013

- The Post Office today (2nd August 2013) delivered its first set of results operating as an independent business.
The Post Office today (2nd August 2013) delivered its first set of results operating as an independent business. In a challenging economic climate, the Post Office has reported good progress during the 2012-13 financial year, with strong growth in Financial Services, Mails and Tele

Parents bow to pressure as kids rule the roost on family holidays

Parents bow to pressure as kids rule the roost on family holidays



- European resort costs fall - according to Post Office® Family Holiday Report.
- Research shows kids have the upper hand: 1-in-5 parents let them pick destination while 45 per cent choose beach holidays to keep kids happy.
- Families budget to spend over £200 more abroad than on a UK holiday.
- But they still overspend their budget by more than 10 per cent.
- Prices cheape

Beached Males, TV Tourists and Facebook Boasters: Meet the Travel Tribes of 2013

Beached Males, TV Tourists and Facebook Boasters: Meet the Travel Tribes of 2013

- New study uncovers UK's latest trends including bronzed boys, cinematic sightseers and Twitter-mad tourist.
- Locations of Sex and the City, The Hobbit and The Hangover inspire the most trips.
- 39 per cent of modern men go on holiday solely in search of a sun tan.
- One third of holidaymakers fake smiles on Facebook to spark envy among friends at home.
Research into the holiday habi

Avoid the Airport trap: Last minute holiday cash will cost a lot more

Avoid the Airport trap: Last minute holiday cash will cost a lot more



- 1.65m tourists waste over £18 million a year buying currency at UK airports
- Airports in the Midlands and North of England offer the worst deals
- 44 per cent of holidaymakers admit overspending by an average of £177
- 30 per cent incurred bank charges to get extra cash from an ATM while abroad


Sterling’s slide against the euro and other currencies already means

Public asked to suggest Community projects for local Post Offices in England

Public asked to suggest Community projects for local Post Offices in England

- Opportunity for public to have their say on new Post Office projects that benefit community.

- Local Post Office's can apply for funds of up to £10K
A competition launched today by Communities Minister Don Foster asks the public to suggest projects their local post office could start up to benefit the community, including mentoring for business start-ups, digital access and training,

Age of becoming mortgage-free goes through roof

Age of becoming mortgage-free goes through roof



- Two in five of us now don’t expect to be mortgage free until well into our 60s
- Huge change since mortgage-free average age of 51 a generation ago
- Four in five UK homeowners still aspire to own their home outright
- Today’s generation take out first mortgage later – at average age of 33


Over a third (35 per cent) of homeowners in the UK expect to be well into t

All inclusive reality check:holidaymakers may save money by swapping all inclusive for B&B and eating in local restaurants.

All inclusive reality check:holidaymakers may save money by swapping all inclusive for B&B and eating in local restaurants.

- All Inclusive holidays not always cheapest: 2013 Post Office® All Inclusive Report shows one week savings of £648 in the Algarve by NOT booking All Inclusive
- £104.5 million extra paid out for a la carte meals on All Inclusive holidays to avoid buffet boredom
- Over 2-in-5 adults have taken All Inclusive trips: 15.3 million of them paid for extras
As more holidaymakers choose All Inclu

Sun-starved holidaymakers will flee country on 12th August despite heat of the moment

Sun-starved holidaymakers will flee country on 12th August despite heat of the moment

- Study pinpoints dash date for depressed UK
- 28 per cent still believe the UK has the worst weather in the world
- Weather raining on two thirds of people’s moods
- 45 per cent crying out for a one-stop shop for holiday essentials
The recent return of the sun won’t stop the people of the UK jetting off to catch some more reliable rays – and Monday 12thAugust* marks their most likely

Lowest ever mortgage rates from post office are best in market.

Lowest ever mortgage rates from post office are best in market.

- Post Office shakes up the mortgage market with rate reductions on fixed-rate and tracker products
- Great news for customers as best rates mean best mortgage deals
The latest reductions in mortgage rates from the Post Office make it the best value in the market as it continues to offer the most competitive deals to customers.
A new two-year tracker mortgage has been introduced at 1.94%

Post Office statement on findings of interim report into Horizon computer system

Post Office statement on findings of interim report into Horizon computer system

- The Post Office today issued the following statement in response to the publication of an interim report into alleged problems with the Horizon computer system, which is used to record transactions in its branch network.
The Post Office today issued the following statement in response to the publication of an interim report into alleged problems with the Horizon computer system, which is used

Parents to shell out £460 entertaining kids this summer holiday

Parents to shell out £460 entertaining kids this summer holiday



- £460 will be spent by parents entertaining their own and other people’s children this summer
- On top of this, mum and dad’s taxi service will spend an average £119 on petrol
- Some are considering taking a mortgage holiday or skipping household bill paymentsto fund entertainment



As kids’ excitement builds in the lead up to the summer holidays, many parents (56 p

Negative equity holds back second-time buyers

Negative equity holds back second-time buyers



- Over a quarter of second-time buyers are finding it hard to move because of negative equity or stagnant house prices
- Just under a third are struggling with costs involved in moving
- One in 12 are relying on financial help from family to fund their move


Over a quarter (28 per cent) of second-time buyers could be stuck on the first rung of the property ladder becaus

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