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Buying ice cream revealed as no.1 cash purchase on UK holidays Brits carry twice as much cash whilst on holiday in the UK Week commencing 25 July set to be peak UK staycation period 76 per cent of Brits have been on a staycation in the last 5 years New research from the Post Office has today revealed Brits’ spending habits when taking a UK staycation.Brits have picked up a penchant for st
Post Offices handled a record £3.23 billion in cash in May. This was the third successive month where over £3 billion has been deposited and withdrawn in a single month.
Welcoming the announcement in the Queen’s Speech that the Government will bring forward legislation that will protect people’s access to cash, Nick Read, Chief Executive at the Post Office, said:“In many places across the country, Postmasters already operate the last counter in town. We launched our “Save Our Cash” campaign last year precisely because millions of people and businesses rely on
Post Offices handled over £3 billion in cash in April for the second consecutive month
Two BankHubs at Rochford and Cambuslang, operated by the Post Office in partnership with the banks, today (28 April) celebrate their one-year anniversary.
Post Office’s 11,500 branches handled a record £3.2 billion in March, significantly up from figures for February (£2.7bn) and January (£2.9bn), both impacted by on-going Covid-19 uncertainties and stormy weather Personal cash deposits up 15% month-on-month (£1.31bn, March 2022) Business cash deposits up 15% month-on-month (£1.09bn, March 2022) and first time exceeded a billion since December Per
Personal cash withdrawals over Post Office counters totalled £650.5 million in February. Up 3.2% month-on-month
Cash deposits at Post Offices were up almost 50% in January compared with a year ago.
Post Office has today announced that it has secured the continuation of an agreement to handle bank account cash deposits and withdrawals for a further three years – ensuring a continued ‘lifeline’ for the millions of people and small businesses nationwide that rely on cash.
Over £800 million in cash was withdrawn by personal customers over the counter at Post Offices during the festive period.
The Post Office has confirmed the expansion of its BankHub network, as part of a landmark industry commitment to protect cash and banking services across the UK.
Post Offices in November handled over £3 billion in cash deposits and withdrawals, the highest amount for a single month in its 360-year history.
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