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Cash deposits and withdrawals at Post Offices remain steady at £3.2 billion

Cash deposits and withdrawals at Post Offices remain steady at £3.2 billion

£3.21 billion in cash handled by Post Offices in June. Broadly the same amount month-on-month (£3.27 billion, May 22). Personal cash deposits totalled £1.33 billion in June compared with £1.35 billion (May 22). Business cash deposits exceeded £1 billion for fourth month in a row with £1.11 billion deposited in June compared with £1.13 billion in May New poll finds one in five consumers will use c

Post Office statement on Government Horizon IT scandal compensation announcement

Post Office statement on Government Horizon IT scandal compensation announcement

Post Office has today (30 June 2022) welcomed the Government’s announcementon compensation for postmasters affected by the Horizon Scandal.
A Post Office spokesperson said:
“Ensuring full, fair and final compensation for all Horizon Scandal victims is a priority as we put right the wrongs of the past. Almost two thirds of postmasters in the Historical Shortfall Scheme have received compen

Sun, sea and spend! Seven-in-ten holidaymakers blow budgets in hotspots abroad

Sun, sea and spend! Seven-in-ten holidaymakers blow budgets in hotspots abroad

Over half of those surveyed in the latest Post Office poll say they will travel abroad this year – citing the high cost of UK breaks as a key factor (www.postoffice.co.uk/holidayspending) Careful budgeting crucial to avoid busting budget as 7-in-10 overspent by 38% on last holiday Nearly two-thirds (63%) also said they had been ripped off on their last trip abroad All Inclusive trips will be pop

Post Office statement on late applications to the Historic Shortfalls Scheme

Post Office statement on late applications to the Historic Shortfalls Scheme

Following a newspaper report regarding the case of an individual who submitted an application under the Historic Shortfall Scheme after the deadline for applications had passed in 2020, a Post Office spokesperson said:

“Compensation offers have been made to almost two thirds of the 2,368 eligible applicants in the Historical Shortfall Scheme, with the majority of those already paid and we w

Post Office statement on Southwark Crown Court appeals

Post Office statement on Southwark Crown Court appeals

Southwark Crown Court today (9 June 2022) formally acquitted two people in cases referred by the Criminal Cases Review Commission (CCRC), in uncontested appeals. The cases, from 2003 and 2005 relate to convictions in Magistrates’ Courts in which Post Office acted as prosecutor.
A Post Office spokesman said:
“We are sincerely sorry for the impact of historical failures on the lives of the pe

Revealed: This year’s best value holiday destinations abroad - recommended by the Britons who have visited them

Revealed: This year’s best value holiday destinations abroad - recommended by the Britons who have visited them

Past visitors give the highest approval ratings to Spain’s mainland resorts and islands Britons also tip Greece (89%), Portugal (88%) and Turkey (88%) as good value Bargain Bulgaria gets a lower rating than more expensive Croatia Mexico and Thailand score best among long haul destinations Dubai and Scandinavia get the worst good value rating
Sterling’s falls against holiday currencies in th

Post Office welcomes access to cash announcement in Queen's Speech

Post Office welcomes access to cash announcement in Queen's Speech

Welcoming the announcement in the Queen’s Speech that the Government will bring forward legislation that will protect people’s access to cash, Nick Read, Chief Executive at the Post Office, said:
“In many places across the country, Postmasters already operate the last counter in town. We launched our “Save Our Cash” campaign last year precisely because millions of people and businesses rely on

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