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Post Offices see highest ever amount of cash deposited and withdrawn in one month

Post Offices see highest ever amount of cash deposited and withdrawn in one month

Post Office branches saw cash deposits and withdrawals total £3.48 billion in April, the highest amount on record Recent partnership with Monzo contributed positively to total cash deposits & withdrawal value for April 2024 In total, Post Offices handled £2.62bn in personal and business cash deposits in April compared with £2.26bn last April Personal cash withdrawals from Post Office’s 11,5

East beats west to land best value city break title

East beats west to land best value city break title

The 10 best European cities for a pound-stretching break are Vilnius, Lisbon, Lille, Krakow, Athens, Riga, Budapest, Bratislava, Prague and Warsaw
Vilnius has regained its place as best value city in the annual City Costs Barometer, one of seven Eastern European ones in the top 10 (www.postoffice.co.uk/citycosts). Runner-up Lisbon is one of three Western European cities to reach the top fiv

Post Office Comment On Investigation Into Speak Up Allegations

Post Office Comment On Investigation Into Speak Up Allegations

Over the last few months an independent barrister has been investigating a Speak Up complaint into various allegations, which included a number of misconduct allegations against our CEO, Nick Read. Following several interviews and examination of documents by the barrister, Nick has been exonerated of all the misconduct allegations and has the full and united backing of the Board to continue to lea

Revealed: the best value destinations worldwide for 2024

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 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

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

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

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