Post Office Media

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

21 April 2016 11:04

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

20 April 2016 17:18

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

13 April 2016 08:55

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

8 April 2016 10:30

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 Bea

HEAD EAST FOR A BARGAIN CITY BREAK AS STERLING SLIDES

19 March 2016 00:01

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

11 March 2016 10:21

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 2.34% t

Boom in beach brides as Brits opt for overseas weddings

11 March 2016 00:01

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

6 March 2016 00:01

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 mu

UK parents spent £18billion supporting their adult children last year

2 March 2016 10:03

The UK’s parents and grandparents have spent £18billion in the last year supporting their adult children* and grandchildren Nearly one in five (18 per cent) parents and grandparents fully support the lifestyles of their offspring 17 per cent who provide financial support say they helped to pay off their child or grandchild’s debt A third of total savings pots are put aside specifically for t

Two-fifths of UK workers earned less than the average increase in a UK home’s value in the last year

26 February 2016 10:58

Two out of five UK workers (38 per cent) earned less than the average UK property gained in value over the last 12 months House prices increased by an average of £18,119 over the last year – 69 per cent of the average wage (£26,426) UK workers only caught up to their house’s ‘earnings’ by 4th September last year However, annual property earnings have fell by £5,800 compared with the previo

Post Office Money launches market-leading mortgage deals

22 February 2016 15:27

Post Office Money launches market leading new mortgage rates, including fee-free options
Post Office Money has today launched a new range of market-leading fixed rate mortgages, as it continues its bid to become one of the UK’s leading financial services providers.
The new range includes two market-leading deals:
3 year fixed 2.24% 85% LTV (£1,495) 3 year fixed 2.68% 90% L

Pound plunges in Europe but canny holidaymakers can still make their cash stretch further

20 February 2016 00:01

Pound plunges to a 13-month low against the euro but lower resort prices cushion the blow Sterling is stronger than a year ago in top long haul holiday destinations UK tourists will have 18 per cent more pesos to spend in family favourite Mexico But Japanese yen has surged in value for the first time in over two years – UK visitors will get 11.6 per cent fewer yen for their pounds
The pou

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