POST OFFICE REINTRODUCES BALANCE TRANSFER OFFER FOLLOWING CUSTOMER DEMAND
• Post Office improves its Platinum Credit Card – with 0% on balance transfers for 18 months and a reduced fee of just 0.79%1
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31 million adults will be staying in this New Year’s Eve
• The NYE night in trend continues with 1.5 million people more than last year opting to stay in • ….but damages from house parties costs £127
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POST OFFICE GEARS UP FOR BUSIEST DAY FOR INTERNATIONAL PAYMENT TRANSACTIONS
• 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
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THE AVERAGE UK HOUSE EARNED MORE IN THE LAST YEAR THAN THE AVERAGE WORKER
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
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Poorest To Remain In The Red Until At Least 2020, As They Struggle To Set Aside Money To Save
- 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
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Post Office Launches New Mortgage Rates
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.
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Parents Set To Spend Over £200 Entertaining The Kids This Half Term
- 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
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Post Office Launches Competitive Range For UK Savers
- Attractive products include Online Saver, Reward Saver and Cash ISA - Products are available online, in-branch, by phone or by post
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Post Office Powers To The Top Of The Mortgage Tables
- Latest range includes market-leading branch exclusive
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Average UK Household Savings Fall
- 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
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Close Knit Families: The UK's Space Starved Children Struggle For Room
- Children forced to share a bedroom in a fifth of households - this is due to lack of space in one in ten UK homes - Adults have a smaller bedroom than children in a third of households - Aspiring movers can expect to wait four years before moving to a bigger house, but almost a third doubt they’ll ever be able to do so
