Amount UK households have available to save (‘potential savings’) has increased by £124 in the last year – to £4,784* …but 13 million adults (26 per cent)** saved nothing over the last 12 months Eight million adults (17 per cent) have never saved at all Forecasts indicate the average amount available to save is expected to rise by 17 per cent by 2020 to £5,591 but many UK households are unlikel
Nine million UK renters (45 per cent) say they will never be able to afford their own home
UK adults expect to be 36 years old before they take their first steps on the property ladder - compared with 35 last year
Over two million renters (11 per cent) don’t want to buy a property
People expect to spend eight and a half years saving for a deposit
There are 20 million people
Post Office Money has today enhanced its range of savings products by increasing the rates on several products
New offers include changes to its Online Saver and Online Bond
Marks Post Office Money’s commitment to becoming a top five financial services provider by 2020 by offering competitive products
Post Office Money has today increased the interest rates on its Online Saver and Online Bo
Three-in-five holidaymakers have an EHIC but over a quarter don’t know what it does More than one-in-nine have tried to use their EHIC but 57 per cent ran into problems Over half those who tried to use the card in Spain and France experienced problems Almost two-in-five tourists had accidents on holidays abroad in the past three years 4.4 million people suffered injuries abroad that cost more th
Post Office Money’s Matched Credit Card offers 0% on purchases for 25 months* – the best purchase deal currently available on the market
Post Office Money’s Platinum Credit Card also has a new offer, making it a perfect option for holidaymakers
Post Office Money has announced an interest-free purchase period of 25 months for its Matched Credit Card* – making it the best in the market for pu
Stellar sterling means prices for tourist items have dropped across Europe
Turkey and Bulgaria best for bargain hunters looking to cut holiday spending
But pester power for beach extras could wipe out the sterling benefit – as three-quarters of parents admit overspending on their last trip abroad
As schools prepare to break up for the summer, the annual Family Holiday Report from Pos
Parents to spend £600 entertaining their children over the summer break – over £100 more than last year An additional £146 will be spent on fuel and a further £101 on childcare –taking the total possible cost to almost £900 Over half of all parents (55 per cent) worry about the cost of entertaining their children during the holidays One in five parents (18 per cent) will dip into their savings t
A further substantial fall in operating losses at the Post Office before Network Subsidy Payment and exceptional items was today revealed as the business published its Annual Report and Financial Statements for 2014/15.
The reduction, from £93m in 2013/14 to £60m in the last financial year, provides further evidence of the business making progress towards its goal of financial stability with re
Three-quarters of Scottish parents admit to an average holiday overspend of £220 But the Scottish Family Holiday Report 2015 reveals belt-tightening Scots spend 14 per cent less than the national average and 18 per cent less than Londoners Resort prices for this summer are down in 10 of 12 European family favourites Pester power costs least in Bulgaria and Costa del Sol, but most in France and It
Almost two-thirds of us will take a UK holiday this year: nearly half in the South-West Cornwall is the star attraction, tying with Scotland for most popular destination Countryside breaks have the greatest appeal – eclipsing beach holidays But over 300,000 people risk heavy losses through failing to take out travel insurance Survey reveals hundreds of pounds lost on holiday curtailment and cance
Post Office today announces the launch of its new brand, Post Office Money, which will bring together all of its multi-award winning financial products under one umbrella. This is a significant step to cement the Post Office as one of the UK’s leading financial service challengers and continues its successful joint venture with the Bank of Ireland.
• Post Office’s Matched Credit Card offers 0% on purchases for 16 months and 0% on balance transfers for 16 months (2.98% balance transfer fee applies) • No cash fee when the card is used to buy travel money at the Post Office
