Over £70m withdrawn from Post Office branches over King’s Coronation bank holiday weekend
New figures today reveal £70.73m in cash was withdrawn at Post Offices over the King’s Coronation bank holiday weekend
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Cash transactions at Post Offices return to highest level since last September
New figures today reveal cash transactions at Post Offices returned to their highest level since last September. In March, cash deposits and withdrawals over the counter amounted to £3.29 billion at its 11,500 branches.
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Personal cash withdrawals up 8% year-on-year as Post Office aims to reach £330k Trussell Trust fundraising target this month
Personal cash withdrawals totalled £702 million in February, up 8% year-on-year (£650 million, February 2022). Post Office is giving 1p for every cash withdrawal over the counter to Trussell Trust. Since November, over £275,000 has been raised. Post Office hopes to reach its £330,000 target by end of March. Personal cash withdrawals were steady month-on-month (£709 million, January 2023). The sho
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Personal cash deposits up over 9% month-on-month; driven by energy voucher cash in Northern Ireland
New figures today reveal personal cash deposits at Post Offices totalled £1.4 billion in January, up over 9% compared with December. The Post Office has attributed the increase to an almost 100% rise in cash deposits in Northern Ireland in January.
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Rail strikes, freezing weather and bank deposit limits see fall in cash deposits at Post Offices
New figures today reveal a fall in business cash deposits at Post Offices in December, attributed to last month’s rail strikes, freezing weather and on-going bank deposit limits impacting the hospitality sector.
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Cash deposits fall 2% month-on-month at Post Offices, hit by new bank deposit limits; whilst personal cash withdrawals hit a record £836 million
New figures today reveal a fall in cash deposits at Post Offices in November but record levels of cash withdrawals as people continue to turn to cash in order to budget over Winter.
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Cash withdrawals up 12% year-on-year at £777 million; Post Office hopes to raise over £300,000 for Trussell Trust with renewed partnership
New figures today reveal cash withdrawals at Post Offices dipped 1% in October with £777 million withdrawn over the counter at its 11,500 branches.
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Record cash withdrawals and deposits in August before dip in September cash withdrawals with additional Bank Holiday for Her Majesty The Queen’s state funeral
New figures today reveal Post Office continued to handle record amounts of cash in August, despite the fact it is traditionally a quieter month for cash transactions at its branches. Cash transactions in September had initially been on track to hit even higher levels at Post Office’s 11,500 branches.
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Record high for cash withdrawals at Post Offices
Post Offices handled a record £801 million in personal cash withdrawals in July, up almost 8% month-on-month (£744 million, June 2022) Post Office attributes increase to more Brits taking staycations in the UK and people increasingly relying on cash to manage their budget Only second time that personal cash withdrawals have exceeded £800 million (previous time was December 2021 when there’s alway
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CASH STILL KING FOR UK STAYCATIONERS
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 -
Record £3.23 billion in cash handled at Post Offices
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.
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Post Office welcomes access to cash announcement in Queen's Speech
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
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