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Post Offices record highest amount of business cash deposits all year

Post Offices record highest amount of business cash deposits all year

Post Offices handled £1.03 billion in business cash deposits in August, the highest amount recorded so far this year, despite August traditionally being a quieter month for banking services Business cash deposits were up 2.2% month-on-month and up 23.5% compared with August 2020 as international travel uncertainty meant more cash spent locally at hospitality venues. Recent Post Office survey fou

Overspending hits record levels as two-thirds of tourists bust their budgets on holidays abroad

Overspending hits record levels as two-thirds of tourists bust their budgets on holidays abroad

All Inclusive trips are top choice but extras add hundreds to holiday costs
More than two-in-five UK adults are still planning holidays abroad in the coming months But past overspending means holidaymakers are likely to blow budgets by a record 40% according to the latest Holiday Spending Report (www.postoffice.co.uk/holidayspending) Over a third of those planning trips will go All Inclusi

Post Office Statement on Postmasters' appeals of historical convictions

Post Office Statement on Postmasters' appeals of historical convictions

The Post Office has today, 11 August 2021, formally responded to the Court of Appeal regarding 12 applications by former postmasters for permission to appeal their convictions in Post Office prosecutions between 2002 and 2013.
Post Office is supporting the applications in four cases and opposing six. In the two remaining cases an extension of time is being sought to obtain further information

Family Holiday Report names resorts where Britons can cut costs but reveals that prices can vary by up to 132% across Eurozone

Family Holiday Report names resorts where Britons can cut costs but reveals that prices can vary by up to 132% across Eurozone

Prices fall in over half the European resorts surveyed by Post Office Travel Money – with biggest falls in Marmaris, Turkey; Sunny Beach, Bulgaria and Paphos, Cyprus Algarve is cheapest of 11 Eurozone destinations but report reveals big cost variations Research reveals chronic overspending by 75% of families – with meals, drinks and kids’ beach extras helping to bust the budget by an average o

Post Office welcomes Government funding to be able to make interim payments for overturned convictions in ‘Horizon cases’

Post Office welcomes Government funding to be able to make interim payments for overturned convictions in ‘Horizon cases’

Post Office today welcomed the Government’s announcement of funding support to be able to expedite interim payments of up to £100,000 for individuals whose convictions have been overturned where Horizon evidence was essential to the prosecution.
The payments will be offered whilst final compensation arrangements are established.
Post Office Chief Executive, Nick Read, said:
“Ensuring

Post Office statement on historical prosecutions

Post Office statement on historical prosecutions

The Court of Appeal today (19 July) formally overturned twelve convictions in cases prosecuted by Post Office between 2002 and 2012. The Post Office supported the appeals.
Fifteen other appeals, opposed by Post Office, have been referred to a single judge to decide whether the Court will grant permission to appeal.
A Post Office spokesperson said:
“Post Office is sincerely sorry for pa

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