Under-performing towns are set for a regional revival in response to Covid-19, according to a new analysis of Post Office data by the Centre for Economics and Business Research (Cebr)
Consultation asks Postmasters and commercial partners how they want to be involved in development and execution of business decisions
Survey of 8,000 Postmasters will be carried out and assessed by independent agency
Consultation launch is a further step in resetting Post Office’s relationship with Postmasters
A consultation asking how Postmasters and commercial part
Enhanced Post Office travel insurance now on sale online and in branches with Coronavirus cancellation and curtailment added to policy
Business cash deposits up 3.1% on July and up 165.6% (£831 million) on April lows, when lockdown measures were in place across the UK and business cash deposits totalled £313 million.
Personal cash deposits were up 16.3% year-on-year in August, markedly exceeding levels seen pre-pandemic.
Total cash deposits for business and personal customers reached £1.8 billion for the month, while tot
Post Office report reveals that prices are lower than last year in two-thirds of cities
City Costs Barometer (www.postoffice.co.uk/citycosts) also reports price falls from pre-lockdown levels in 92% of cities that are exempt from Government quarantine rules
Hotel costs have plunged since lockdown: falls of over 20 per cent found in 14 cities
Eastern European cities dominate best value t
A Non-Executive Director position on the Post Office Board is to be created for a serving Postmaster to advocate the interests of more than 8,000 Postmasters.
Post Office operational improvement plan
Cash deposits and withdrawals at Post Office counters amounted to £2.4 billion in July. This is around £450 million higher (+24%) compared with June (£1.94 billion)
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
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, 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 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
