February cash deposits flat month-on-month during lockdown, while personal cash withdrawals up 4.6%
Latest data from the Post Office’s February Cash Tracker
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Business cash deposits down over 40% year-on-year, while personal customers continue to rely on Post Office for depositing cash during lockdown
Latest data from the Post Office’s January Cash Tracker shows the impact the Covid-19 pandemic has had on small businesses and the self-employed with business cash deposits down over 40% compared to January 2020. In contrast, personal cash deposits were up 4.6%.
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Personal cash withdrawals and deposits up over 5% in December
Over £1.6 billion was withdrawn and deposited by personal customers at Post Office’s 11,500 branches in December. Over 5% (£91 million) more compared with November Personal cash withdrawals in December totalled £640.7 million, up 14% on November when much of the UK was in lockdown. Personal cash deposits totalled £978.6 million, up 1.3% on November Post Offices are open long hours throughout the
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Personal Cash deposits in November dip only 2% month-on-month – but lockdown in England contributes to 22% fall in business deposits
Personal cash deposits remained relatively stable at Post Offices in November compared with the previous month, however business cash deposits fell 22%, largely as a result of national restrictions across England, according to the latest Post Office Cash Tracker.
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Small businesses expected to receive a festive boost as support increases in light of Covid-19
Over a fifth (21%) of Brits saying they are more likely to buy Christmas gifts from small businesses according to the Post Office
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Cash deposits dip 4.6% to £1.9 billion at Post Office as Circuit Breaks and Tiered restrictions introduced in parts of the UK in October
Cash deposits by business and personal customers at Post Office branches in October totalled £1.91 billion in October, dipping 4.6% (£92 million) compared with September (£2 billion).
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Present posting is set to boom this Christmas with 50% of the UK set to buy more online gifts this year
More than four in 10 Brits expect their Christmas to be impacted by Covid-19 says the Post Office and more than a fifth have already decided they’ll be sending festive gifts through the post rather than giving in person this year
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Post Office ensures millions of people continue to have access to free to use ATMs with major investment programme
Post Office has announced a £16 million investment that will see it own and operate around 1,400 free to use cash ATMs and become a member of the LINK network.
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New research shows Post Offices deliver lifeline to struggling high streets, providing an extra £1.1bn revenue to other businesses
New research has revealed how important having a Post Office is to the survival of the UK’s High Streets.
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Cash deposits at Post Office return to pre-Covid levels and top £2 Billion – September cash deposits higher than any month so far in 2020
Cash deposits by business and personal customers at Post Office branches in September were up 7.7% on same month last year. Branches saw the highest amount of deposits in a single month (£2 billion) and this was the first time since February, before lockdown, that cash deposits exceeded the equivalent month in 2019.
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Post Office Cash Tracker – Business cash deposits at Post Office rise a further 3.1% in August, highlighting signs of economic recovery
Business cash deposits up 3.1% on July and up 165.6% (£831 million) on April lows, when lockdown measures were in place across the UK and business cash deposits totalled £313 million. Personal cash deposits were up 16.3% year-on-year in August, markedly exceeding levels seen pre-pandemic. Total cash deposits for business and personal customers reached £1.8 billion for the month, while total c
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Post Office Cash Tracker - Use of cash in July up 24% at Post Office
Cash deposits and withdrawals at Post Office counters amounted to £2.4 billion in July. This is around £450 million higher (+24%) compared with June (£1.94 billion)
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