New mortgages will help young people realise their dreams of owning their own home, without having to rely on financial help from their families First start mortgage; designed to boost the borrowing power of first time buyers through the support of a sponsor Post Office Family Link ™ mortgage; mortgage; helps families to provide support for young people who are trying to save for a deposi
10 cheapest cities: Krakow, Vilnius, Riga, Warsaw, Budapest, Moscow, Prague, Athens, Lisbon and Lille • Krakow is best value as Eastern European capitals take top seven places in the 10th annual City Costs Barometer (www.postoffice.co.uk/citycosts) • High hotel prices make Amsterdam most expensive • Moscow is highest top 10 entrant – one of seven cities where prices have fallen
More than one third (36%) of British skiers have sustained an injury on the slopes, and risk costly medical bills as almost half (48%) admit to having no insurance.* Almost one fifth (19%) have even sustained serious injuries including broken bones, fractured bones, pulled ligaments or tendons, sprains and concussions whilst 19% got away with cuts and bruises.
Whilst it is no secret that skii
Parents are loaning an average of £24,347 to help their children get on the property ladder compared to an average of £29,132 for those who gift the money
Majority of parents do not formalise an agreement with their house buying children and are failing to provide a deed of gift or letter of intent which could put them at risk legally.
Only one in five millennial buyers agree a monthly repa
UK breadwinners hope to leave a lump sum of £100,000 behind for their families – but a large amount do not have life insurance (47%) Post Office’s research identifies a number of ‘at risk’ groups – including millennials and retail workers Lack of understanding of and faith in insurance products found to be fuelling the nation’s lack of financial planning – Post Office spokesperson Rob Clarkson
Post Office reveals what the value of sterling means for holidaymakers
Sterling now stronger year-on-year against 80 per cent of holiday currencies
Biggest gains of up to 16.7 per cent against long haul currencies
‘Dollar destinations’ – USA, Caribbean and Middle Eastern resorts – are 11.5-12 per cent weaker against sterling and down five per cent in the past three months
Position is
A quarter make impulse purchases on social media on a monthly basis, spending an average of £318 per user per year 65% had regrets about their purchases One in seven confess to ‘financial upgrading’ – buying something more expensive than they had planned Despite this, nearly half say social media has no impact upon their spending habits More than half fell short of their
26 January 2018
Post Office was delighted to be announced as the winner of the Diversity and Inclusion at last night’s (25th January) Employee Engagement Awards.
The awards, in association with People Insight, are the first and only global awards dedicated to employee engagement. They span 18 categories, covering areas such as unsung heroes to reward and recognition.
In 2017, Post Office
• New branch the first of 25 set to open in central London over next 12 months • Open 24 hours as part of a new convenience store, bringing flexibility to customers for mails, banking and online shopping • Expanding in central London to supplement existing Post Office branches and serve growing customer demand
Post Office Holiday Money Report identifies destinations where the holiday purse will stretch furthest in 2018 (www.postoffice.co.uk/holidaymoneyreport) • Sunny Beach, Bulgaria tops chart of 42 destinations for the first time • Japan is runner up and cheapest for long haul holidaymakers • Cape Town, South Africa and Porec, Croatia enter best value top 10
It was announced in the New Year’s Honours List that Alwen Lyons, former Company Secretary at the Post Office, is to receive the OBE in recognition of her commitment and contribution throughout a remarkable career spanning 33 years.
Alwen has held a number of key roles during her many years with the Post Office, culminating in her becoming the inaugural Company Secretary for Post Office
Biggest transformation programme in UK retail history results in Post Office making £13m profit in financial year 2016/17
£370 million Government investment will enable the Post Office to continue to grow and modernise its network and services
Post Office turnaround reducing its reliance on public funds
7,500 branches transformed since 2012, thousands of branches now open for longer and
