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Business cash deposits up over 7% in May at Post Offices; personal cash deposits and withdrawals hold steady during one of wettest May’s on record

Business cash deposits up over 7% in May at Post Offices; personal cash deposits and withdrawals hold steady during one of wettest May’s on record

Total value of cash deposits and withdrawals at Post Offices totalled £2.49 billion in May, up on April (£2.45 billion) Business cash deposits in May totalled £824 million, up 7.2% month-on-month (£769 million, April 2021). In Scotland, business cash deposits were up almost 36% month-on-month (£68.7 million in May) Personal cash deposits exceeded £1 billion for the third successive month totallin

Post Office response to Horizon IT inquiry moving to statutory footing

Post Office response to Horizon IT inquiry moving to statutory footing

Today (19 May 2021) Postal Affairs Minister Paul Scully updated the House of Commons that the Horizon IT inquiry will now have a statutory footing.
Nick Read, Chief Executive of the Post Office, said:
“There can only be closure for victims of the Horizon scandal by establishing a comprehensive picture of what went wrong.
“As I have said previously, Post Office will support and co-operate

Revealed: The destinations holidaymakers rate best value and the lowdown on those that actually offer the lowest prices

Revealed: The destinations holidaymakers rate best value and the lowdown on those that actually offer the lowest prices



Green listed Portugal scores on both counts as Holiday Money Report unveils the best bargain holiday hotspots and holidaymakers’ favourites
Portugal tops holidaymakers’ own good value ratings alongside Greece and Spain’s Costas, with Thailand the best placed long haul destination But Post Office’s global barometer of tourist costs reveals that Bulgaria is the cheapest, while Bali and V

Post Office statement on Southwark Crown Court appeals

Post Office statement on Southwark Crown Court appeals

Southwark Crown Court today (14 May 2021) formally acquitted two former postmasters, referred by the Criminal Cases Review Commission (CCRC), in uncontested appeals. The cases, from 2001 and 2006, were referred to the Court in January 2021 and relate to convictions in Magistrates’ Courts in which Post Office acted as prosecutor.
A Post Office spokesman said:
“Post Office sincerely is extreme

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

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