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Business cash deposits up almost 9% in April at Post Offices

Business cash deposits up almost 9% in April at Post Offices

Total value of cash deposits and withdrawals at Post Offices totalled £2.45 billion in April, in line with March (£2.44 billion) Business cash deposits in April totalled £769 million, up 8.8% month-on-month (£707 million, March 2021) as non-essential businesses re-opened on 12 April Personal cash deposits exceeded £1 billion for the second successive month totalling £1.07 billion, dipping 3.8% m

Post Office statement on Historical Convictions – potential future appeals

Post Office statement on Historical Convictions – potential future appeals

Post Office said today that it is contacting people it previously prosecuted - mainly former postmasters - to assist them in potentially appealing their historical convictions. This follows an extensive review of relevant historical prosecutions brought by Post Office since 1999, which has been conducted by criminal law specialists, Peters & Peters Solicitors LLP.
To date, a total of 45 his

Post Office apologises for serious failures in historical prosecutions

Post Office apologises for serious failures in historical prosecutions

Quashing of historical convictions is significant milestone Post Office stopped prosecutions many years ago Fundamental reform of operations and culture implemented
The Post Office today sincerely apologises for serious failures in its historical conduct of prosecutions of postmasters, resulting in the Court of Appeal formally overturning convictions - that occurred between 2003 to 2013 - in

Postmaster remuneration for Royal Mail products and services

Postmaster remuneration for Royal Mail products and services

Last December, Post Office and Royal Mail agreed a new Mails Distribution Agreement. Post Office has now begun a consultation with all Postmasters on how it proposes to change the remuneration structure and as part of this, Postmasters will receive specific data in relation to their branch or branches.
Overall Postmasters will benefit from an estimated additional £10 million worth of remunerati

Holiday Money Hoarders - Foreign cash stash held at home by Britons tops £3.5 billion

Holiday Money Hoarders - Foreign cash stash held at home by Britons tops £3.5 billion

Holiday Money Hoarders
Foreign cash stash held at home by Britons tops £3.5 billion
Post Office research shows that almost 23m Britons have leftover holiday money at home Over half of holidaymakers are holding currency averaging £155 each from past trips Men have far more cash stashed than women – an average of £188 compared with £117 Scots are the biggest hoarders with an average stash of

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