Post Office delivers £30 million remuneration improvement for Postmasters
Post Office has announced a package of remuneration improvements for Postmasters worth £30 million for the 2024 / 25 financial year.
Revealed: the best value destinations worldwide for 2024
Long haul destinations top this year’s holiday costs barometer leaderboard: Vietnam, South Africa and Kenya offer the lowest prices Portugal is the only European destination in the top five as Turkey and Bulgaria lose ground Sterling’s surge accounts for price falls in 25 of 40 resorts and cities surveyed. Over half of Britons will travel abroad this year – and 60 per cent have already booked Mo
Post Offices see cash withdrawals up 15% year-on-year in February
Post Offices saw over £800 million in personal cash withdrawals, up 15% year-on-year partly due to February being a leap year, but also up 3.6% on last month (£778 million, January 24) Short month means month-on-month declines on personal and business cash deposits, but both see year-on-year increases helped by leap year Personal cash deposits totalled £1.28 billion, up over 6% year-on-year (£1.2
Post Office statement in response to Business and Trade Select Committee report on compensation
Commenting on a report published today (7 March 2024) regarding compensation for victims of the Post Office Horizon IT scandal, a Post Office spokesperson said:
“Post Office welcomes the direction of this report into speeding redress for one of the worst miscarriages of justice in British history, and we will study its recommendations carefully. While £179m has been delivered in redress to vict
Sterling performance by UK pound puts more cash in pockets of Britons holidaying abroad
Rising rates for sterling mean holidaymakers can look forward to getting more for their money in the vast majority of holiday destinations this year, according to new exchange rate analysis by Post Office Travel Money for its regular Holiday Money Index survey of currency rates and sales trends.
Sterling has strengthened in value against 21 of Post Office Travel Money’s 25 bestselling holiday c
Business and Trade Select Committee Evidence Session - 27 February - colleague message from Ben Tidswell, Senior Independent Director
Message from Ben Tidswell, Senior Independent Director on the Post Office Board, to all Post Office colleagues following today's (27 February 2024) Business and Trade Select Committee Evidence Session:
Dear Colleagues,
Some of you may have watched the Select Committee today or seen press reports about it. Accordingly, I wanted to write to you to deal with some of the allegations made by the
Royal Mail - PayPoint partnership - message from Parcels and Mails MD to Postmasters
Message from Neill O'Sullivan, Managing Director, Parcels and Mails, to Postmasters in response to an announcement made by Royal Mail and PayPoint on 22 February:
Today, Royal Mail announced that they will be partnering with PayPoint to offer limited Royal Mail services at selected Collect+ locations. We were informed of this news by Royal Mail last night, following the finalisation of the agre
Post Offices see £3.37bn worth of cash transactions in January 2024; up over £140 million on January 2023
Post Offices handled £3.37 billion worth of cash deposits and withdrawals in January 2024, up over £140 million on January 2023
Post Office statement on ‘Capture’
Following a newspaper report in the i newspaper, first published online on 17 January 2024, and subsequent reports featuring the stories of former Postmasters that used Capture, Post Office can today (7 February) provide an initial update on its investigation.
A Post Office spokesperson said:
“We take very seriously any concerns raised about cases from before the Horizon system was first rol
Convictions overturned at Court Of Appeal
Three convictions in cases prosecuted by Post Office were overturned at the Court of Appeal today (1 February 2024), following appeals lodged within the past two weeks.
A Post Office spokesperson said:
“We are deeply sorry for past wrongs. We’re doing our utmost to ensure any injustices are put right as swiftly as possible and full, fair compensation paid.
“We continue with extensive work
Post Offices see record cash withdrawal figures in December
Post Offices saw a record £930 million in personal cash withdrawals over the counter in December. Post Offices saw all time record for personal cash withdrawals on a single day - Friday 22 December - with £62.4 million taken out over the counter Figure beats previous record from Christmas 2022 by over £10 million when £51.5 million was withdrawn over the counter (Friday 23 December 2022). In tota
Horizon compensation figures at year-end 2023
The latest compensation data relating to victims of the Horizon IT scandal for the year-end 2023.
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