Post Offices handled a record £801 million in personal cash withdrawals in July, up almost 8% month-on-month (£744 million, June 2022) Post Office attributes increase to more Brits taking staycations in the UK and people increasingly relying on cash to manage their budget Only second time that personal cash withdrawals have exceeded £800 million (previous time was December 2021 when there’s alway
The most common misconceptions surrounding life insurance relate to how the policy pay out works and how life assurance differs from insurance.
Providing financial security for their family is named the most popular reason for taking out life insurance.
Policy holders were just as likely as those without life insurance to fall victim to misconceptions.
Almost a fifth of people (18%) wit
The Court of Appeal today (25th July 2022) formally overturned five convictions in appeals uncontested by Post Office. The cases, from between 2004 and 2013, relate to convictions in Crown Courts in which Post Office acted as prosecutor. Applications for permission to appeal were made to the Court of Appeal earlier this year.
The Court will provide written Judgment at a later date.
The total
Bulgaria and Turkey are best for bargain hunters hoping to keep holiday spending down But sterling’s recent fall means price rises for Britons in most European holiday hotspots Report again finds big price variations across 13 Eurozone destinations – Algarve is best value Three-quarters of parents admit overspending by around 38% on their last trip abroad – with meals and kids’ beach extras busti
Southwark Crown Court today (22 July 2022) formally acquitted a former Postmaster in a case referred by the Criminal Cases Review Commission (CCRC), in an uncontested appeal. The case, from 2001, related to a conviction in a Magistrates’ Court in which Post Office acted as prosecutor.
A Post Office spokesperson said:
“Post Office is sincerely sorry for the failures of the past and we are tak
Buying ice cream revealed as no.1 cash purchase on UK holidays
Brits carry twice as much cash whilst on holiday in the UK
Week commencing 25 July set to be peak UK staycation period
76 per cent of Brits have been on a staycation in the last 5 years
New research from the Post Office has today revealed Brits’ spending habits when taking a UK staycation.
Brits have picked up a penchant for st
£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 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
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
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 Offices handled a record £3.23 billion in cash in May. This was the third successive month where over £3 billion has been deposited and withdrawn in a single month.
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
