Tags: cash & banking
New £50 note featuring Alan Turing available at Bletchley Post Office
The local Post Office in Bletchley is the only place outside the City of London today where the new £50 note can be seen by members of the public.
Business cash deposits up over 7% in May at Post Offices; personal cash deposits and withdrawals hold steady during one of wettest May’s on record
Total value of cash deposits and withdrawals at Post Offices totalled £2.49 billion in May, up on April (£2.45 billion) Business cash deposits in May totalled £824 million, up 7.2% month-on-month (£769 million, April 2021). In Scotland, business cash deposits were up almost 36% month-on-month (£68.7 million in May) Personal cash deposits exceeded £1 billion for the third successive month totallin
Post Office launches major new campaign to ‘save our cash’
The Post Office has launched a major new campaign today calling on government and industry to work together to ‘Save Our Cash’.
Business cash deposits up almost 9% in April at Post Offices
Total value of cash deposits and withdrawals at Post Offices totalled £2.45 billion in April, in line with March (£2.44 billion) Business cash deposits in April totalled £769 million, up 8.8% month-on-month (£707 million, March 2021) as non-essential businesses re-opened on 12 April Personal cash deposits exceeded £1 billion for the second successive month totalling £1.07 billion, dipping 3.8% m
BankHubs launch to provide communities with vital cash and banking services from their local Post Office
Two ‘BankHubs’ have opened as part of the Communities Access to Cash Pilots (CACP) initiative. The new centres in Rochford and Cambuslang will provide local customers with basic banking and cash services, as well as dedicated rooms where they can see community bankers from their own bank.
Cash deposits and withdrawals at highest level since last October as businesses and consumers prepare for retail reopening
Latest data from the Post Office’s March Cash Tracker shows cash deposits and withdrawals returned to pre-lockdown levels
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
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%.
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
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.
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
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).
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
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.
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.
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.
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
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)
Holiday Money Index reveals that demand for holiday money is recovering post-lockdown, while sterling is up against all key currencies
In its first Holiday Money Index of 2020 measuring exchange rate movements and foreign currency sales, Post Office Travel Money reports that demand for holiday money in July showed a positive recovery trend after the prolonged slump during lockdown. At the same time, sterling has held its value and is now worth more against all major holiday currencies than in August 2019. In particular, the UK’
Coutts joins Post Office Banking Framework
Coutts, wealth manager and private bank, has today joined the Post Office’s Banking Framework, allowing its customers to undertake banking services such as making cash withdrawals, deposits or paying in cheques at any of the Post Office’s 11,500 branches – the UK’s biggest retail network. The agreement means that Coutts becomes the 30th financial institution to join the Framework, which includes