The Post Office has today published interim results for the six months of the financial year up until 28 September 2014. The results show that the business has made further progress towards its ambition of achieving commercial sustainability, despite challenging market conditions.
- Post Office disappointed that people in Admin and Supply Chain vote Yes to CWU ballot on strike action
- Half (49 per cent) of UK adults have concerns about the cost of their friendships - In the last year UK adults spent an average £158 on gifts for their best or closest friend - One in six (16 per cent) have used their overdraft to cover the price of a present - Four in ten (43 per cent) of 18-34s have lied about being busy to avoid the expense of celebrating with friends
On Sunday The Post Office launches a multi-channel campaign to demonstrate how it can empower the nation to take control of Christmas.
- The poorest 20 per cent of UK households have had no potential savings1 – money available to save - since 2002 - Meanwhile, the highest-earning 20 per cent of the population will have an average £18,680 to save this year - The savings gap between the richest 20 per cent and the poorest 20 per cent currently stands at over £20,000
- Easy-to-use function developed by Post Office to help people to Be A Hero by donating to BBC Children in Need ahead of November 14 appeal night - Users Tweet @PostOffice with #MakeMeAHero hashtag and receive direct message with link to donate
But Employees Can Make Sterling Work Harder For Leftover Holiday By Avoiding Christmas Getaways • Post Office Travel Money research shows £5.37bn of paid leave is unclaimed annually • Around half of UK employees lose an average of six days paid holiday a year
The Competition and Markets Authority (CMA) has found that essential parts of the UK retail banking sector lack effective competition and do not meet the individual needs of consumers.
Post Office has today launched six market-leading mortgage deals. The new products include a two year fixed deal at 60% LTV at a rate of 1.54% (£1,995 arrangement fee), as Post Office enters the current rate fray.
- Post Office undertaking biggest transformation in UK retail history to become commercially viable and reduce reliance on public money - Post Office offering consolidated pay increases with additional lump sum payments - Any ballot will not include employees working in the Post Office’s over 11, 500 branches across the UK - Post Office offer of meeting with ACAS remains on the table
- Post Office building its role as key banking and payment provider at the heart of communities across the UK - Over 300 million cash withdrawals made at Post Office branches each year - 95 per cent of UK bank account holders can access accounts at any Post Office branch
- Maximum Size for Royal Mail’s Small Parcel format to almost double - Festive Price promotion comes into effect at Post Office branches on Monday 20th October means a saving of £1 on Second Class Small Parcels weighing between 1kg and 2kg
