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Holiday Money Index reveals that demand for holiday money is recovering post-lockdown, while sterling is up against all key currencies

Holiday Money Index reveals that demand for holiday money is recovering post-lockdown, while sterling is up against all key currencies

In its first Holiday Money Index of 2020 measuring exchange rate movements and foreign currency sales, Post Office Travel Money reports that demand for holiday money in July showed a positive recovery trend after the prolonged slump during lockdown. At the same time, sterling has held its value and is now worth more against all major holiday currencies than in August 2019.
In particular, the U

Historical Shortfall Scheme - Reminder of closing date

More than 700 applications so far Claims scheme offers redress to postmasters Independent advisory panel will assess claims
The Post Office is reminding current and former postmasters there is a month left to apply to the claims scheme for those who believe they have experienced shortfalls related to previous versions of its computer system Horizon.
The Historical Shortfall Scheme was lau

Coutts joins Post Office Banking Framework

Coutts, wealth manager and private bank, has today joined the Post Office’s Banking Framework, allowing its customers to undertake banking services such as making cash withdrawals, deposits or paying in cheques at any of the Post Office’s 11,500 branches – the UK’s biggest retail network.
The agreement means that Coutts becomes the 30th financial institution to join the Framework, which include

​Post Office resumes Travel Money service

​Post Office resumes Travel Money service

Post Office TravelMoney is re-activating its online foreign exchange service and its branch pre-order operation, both of which were suspended in late March at the start of lockdown. This means that the UK’s largest provider of foreign currency, which accounts for one-in-four of all UK currency transactions, will again offer a wide range of Travel Money services across the UK.
As a result of th

Post Office statement on Government announcement of independent review

The UK Government today (10 June) announced that it will shortly launch an independent review into the Post Office Ltd Horizon IT system.
A Post Office spokesperson said:
“The Post Office welcomes the review announced by the Government and we will of course fully and positively engage. It is as much in the interests of Post Office as it is in the interests of postmasters to ensure that issue

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