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Topics: Personal finance

Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway

Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway

Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway
Post Office Travel Money’s latest Holiday Money Index covering foreign currency sales from 1st January to 30th September 2019 confirms a strong appetite for overseas travel even though ongoing volatility in currency markets is having a daily impact on the value of sterling as

Rate of Sale: The average UK property takes 96 days to sell

Rate of Sale: The average UK property takes 96 days to sell

• Properties in Edinburgh and Glasgow sell fastest – an average of 41 and 50 days, with Liverpool and Belfast taking the longest time, despite being affordability hotspots for first-time buyers • Nationwide, the time it takes to sell a home is decreasing with properties in Edinburgh and Stoke-on-Trent taking 25 per cent less time to sell since last year

First-time buyers (FTBs) widen their horizons to seek out their dream home

Will Travel: First-time buyers (FTBs) widen their horizons to seek out their dream home

New Post Office Money research shows FTBs travelling to new areas to find the home for them Southampton, Norwich and Nottingham are the UK’s most affordable cities for FTBs Despite nerves and financial pressure, FTBs still see home-buying as an exciting and joyful step towards independence Futurologists’ insights can help identify potential hotspots of tomorrow

​Post Office announces the launch of Post Office Money

​Post Office announces the launch of Post Office Money

Post Office today announces the launch of its new brand, Post Office Money, which will bring together all of its multi-award winning financial products under one umbrella. This is a significant step to cement the Post Office as one of the UK’s leading financial service challengers and continues its successful joint venture with the Bank of Ireland.

The Best Friend Spend: Half Of UK Adults Worry About The Cost Of Friendship

The Best Friend Spend: Half Of UK Adults Worry About The Cost Of Friendship

- Half (49 per cent) of UK adults have concerns about the cost of their friendships - In the last year UK adults spent an average £158 on gifts for their best or closest friend - One in six (16 per cent) have used their overdraft to cover the price of a present - Four in ten (43 per cent) of 18-34s have lied about being busy to avoid the expense of celebrating with friends

Parents Set To Spend Over £200 Entertaining The Kids This Half Term

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

Post Office Launches Pre-Paid Funeral Plans

Post Office Launches Pre-Paid Funeral Plans

- Pre-paid funeral plans provide customers aged over 50 with certainty over funeral costs - Plans allow customers to pay a minimum of £150 a month towards the cost of their funeral

Average UK Household Savings Fall

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

Close Knit Families: The UK's Space Starved Children Struggle For Room

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

Post Office Launches Money Card

Post Office Launches Money Card

- The pre-paid Money Card offers customers a convenient way of managing their money without going over budget - The flexibility of Post Office’s Money Card means it can be used on the high street, online, and at ATMs - Customers can set their spending limit according to their budget - Two card options available, Pay As You Go or Pay Monthly