Two-thirds of families say ‘rip-offs’ made them bust their holiday budget
Charges for paying on debit and credit cards cost families an average of £120 extra
Kids’ beach extras and fun park visits cost parents an average of £153 – 24 per cent of the holiday budget that families have set
As schools break up for the summer this week, new research from Post Office Travel Money1 has revealed t
The Post Office has announced that Nick Read has been appointed as Group Chief Executive. Mr Read, who has 25 years of consumer and commercial experience, will join in September.
Post Office Chairman Tim Parker said: “Nick brings to the Post Office a wealth of experience from a range of sectors, including convenience retail, banking, and travel, with a strong track record of commercial success
FOR IMMEDIATE RELEASE
Post Office Expands Cross-Border Financial Services Offering Across Its Digital Channel
DENVER and LONDON, 18 JULY 2019 – Post Office Ltd, the United Kingdom’s largest retail network, and Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, today launched a collaborative service to offer UK consumers and businesses expanded digital interna
Resort prices fall in more than half the European resorts surveyed for the Family Holiday Report despite recent sterling falls (www.postoffice.co.uk/familyholidays)
Bulgaria and Turkey are best bets for bargain-hunters looking to cut costs
But meal costs and pester power for beach extras could rock the holiday boat as three-quarters of parents admit overspending by an average of £159
Two in five travel insurance claims for cancellation or baggage
-Brits left £540 out of pocket from cancelled holidays and incidents abroad1
-Thailand, New Zealand and Sweden top the bill as the destinations with the most claims2
-37% of UK travellers still regularly travel without travel insurance
Post Office today launch the Annual Travel Smart Index, analysis of claims and
Parents set to spend £624 entertaining their children this summer – a total of £9.1 billion across the UK Parents who have put away money in advance of the holidays underestimate the cost of summer by £373 Two out of three (65%) parents worry about covering the costs of summer One in five parents (21%) will dip into their existing savings and one in 10 (10%) will take out a loan to fund summ
More than 1-in-5 holidaymakers plan to drive while in Europe this year Cyprus offers holiday motorists the cheapest unleaded fuel at 98p per litre – and car rental costs least too (www.postoffice.co.uk/holidaymotoring) Diesel motorists will get a sub-£1 litre in Luxembourg and Andorra 80% of the 20 countries surveyed are cheaper for diesel than for unleaded petrol Prices have risen by 14-43
Post Office has entered the gadget insurance market with the option of a single or multiple gadget policy. 36% of adults in the UK own four or more types of gadgets, one in six will accidentally damage their gadget.* Loss, theft and damage are all covered as standard, as well as unauthorised usage and worldwide cover. Flexible claims solutions with options to use Apple genius bars or provide
Overspending on All Inclusive packages makes B&B holidays with meals costs added a cheaper choice
More Britons are going All Inclusive this year as Post Office All Inclusive Holiday Report reveals a surge in families who say it will cut the cost of kids’ meals and drinks
But while half of holidaymakers say they won’t have need to take spending money on an All inclusive trip, over 4-in-5
-Non-essential spending doubles on payday for a third of Brits (32%)
-Brits spend £56 on non-essential spending on payday and £17 a week on unplanned purchases
-When socialising, those living with housemates face the biggest temptations, spending £132 each week
-Iona Bain from Post Office Money’s Save More Squad provides tips to help people review their personal spending habits and ways
46% of UK workers have not used the free online service that can be used to easily track how much tax you’re paying, claim a rebate and even how much your state pension will be
Almost a third (29%) would like to have a better understanding and management of their personal tax matters
Nearly half (46%) of UK workers have never checked their personal tax account (the GOV.UK digital service all
13th annual Post Office Travel Money Holiday Costs Barometer reveals
the best value summer hotspots (www.postoffice.co.uk/holidaycosts)
Sunny Beach, Bulgaria remains Europe’s best bargain – prices are down 10.7 per cent
The Algarve is cheapest in the eurozone – less than half the price in Sorrento
Prices have dropped year-on-year in three-quarters of resorts, with the biggest fall of
