• 19TH December is the busiest day for phone/online Post Office International Payments • A transaction will be processed every 90 seconds • One in 10 will send cash as a Christmas gift • USA, Spain and Australia the most popular destinations for money transfers
The average UK house price increased by £29,339 over the last year – more than the average UK wage (£27,271) More than three in five workers earned less than the average UK property appreciated in value over the last 12 months London homes earned £80,000 in the last year – nearly twice as much as the average salary in the capital
- Half (49 per cent) of UK adults have concerns about the cost of their friendships - In the last year UK adults spent an average £158 on gifts for their best or closest friend - One in six (16 per cent) have used their overdraft to cover the price of a present - Four in ten (43 per cent) of 18-34s have lied about being busy to avoid the expense of celebrating with friends
- The poorest 20 per cent of UK households have had no potential savings1 – money available to save - since 2002 - Meanwhile, the highest-earning 20 per cent of the population will have an average £18,680 to save this year - The savings gap between the richest 20 per cent and the poorest 20 per cent currently stands at over £20,000
Post Office has today launched six market-leading mortgage deals. The new products include a two year fixed deal at 60% LTV at a rate of 1.54% (£1,995 arrangement fee), as Post Office enters the current rate fray.
- Post Office building its role as key banking and payment provider at the heart of communities across the UK - Over 300 million cash withdrawals made at Post Office branches each year - 95 per cent of UK bank account holders can access accounts at any Post Office branch
- Parents expect to spend £2291 on keeping their children amused over half term - Week of woe: Nearly two thirds of parents (62 per cent) are worried about covering the costs - A third (31 per cent) will dip into their savings and 22 per cent plan to work overtime to make up the shortfall
- Pre-paid funeral plans provide customers aged over 50 with certainty over funeral costs - Plans allow customers to pay a minimum of £150 a month towards the cost of their funeral
- Attractive products include Online Saver, Reward Saver and Cash ISA - Products are available online, in-branch, by phone or by post
- Latest range includes market-leading branch exclusive
- Twice as many children under five (52 per cent) have travelled abroad compared to their parents (26 per cent) when they were that age - Over a quarter (26 per cent) of children had travelled abroad three times or more by the age of five – yet seven in ten (69 per cent) of their parents hadn’t even left the country by this age
- UK currently sits eleventh in league table of average potential savings below Spain and Italy - Amount UK households could be saving is down by more than 10 per cent since 2010 - Post Office predicts that by 2018 the UK will remain below the majority of advanced European economies in the savings league table
