Post Office Media

26 July 2018 00:01

Redefining Retirement: Over half of over 65s do not believe the traditional concept of retirement still exists

The number of over 65s in work has doubled since records began – as half (46%) now believe modern retirement is about redefining how work fits into your life Only a third of over 65s now survive on the state pension alone (31%) – with one in ten (11%) seeing remortgaging, loans and equity release as sensible options to borrow money One in five workers of pensionable age (18%) have already retir

20 June 2018 12:42

Post Office reveals the tribes redefining midlife and beyond

Nearly seven out of 10 people aged over 50 (68%) say the traditional concept of retirement is no more – as they reveal their midlife motivations and ambitions ‘Midlife Tribes’ emerging in our changing society include ‘Elderpreneurs’, ‘Fitness Finders ’ and ‘New Horizonians’ with adventure, community and romance as top priorities for many as they embark on the next chapter of their lives

17 February 2018 00:01

Choose rates for gain: Holidaymakers can cash in by swapping to destinations where sterling is surging in value

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

31 January 2018 09:48

£1.6 billion a year spent on impulsive purchases via social media

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

13 January 2018 10:30

Worldwide barometer reveals price falls in holiday hotspots

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

15 December 2017 23:58

Better value beckons for family skiers as prices slide downhill in European ski resorts

• Prices drop in two-thirds of European family ski resorts surveyed by Post Office Travel Money and Crystal Ski Holidays (www.postoffice.co.uk/familyskiing) • Bansko has regained its position as the cheapest family ski resort • Bardonecchia is best value in Western Europe – almost half the cost in Wengen

15 August 2017 14:20

Owen Woodley, Managing Director of Post Office Money, comments on the UK House Price Index June 2017

The House Price Index, June 2017, revealed that average house prices in the UK have increased by 4.9% in the year to June 2017 (down from 5.0% in the year to May 2017). The annual growth rate has slowed since mid-2016 but has remained broadly around 5% during 2017.
Owen Woodley, Managing Director of Post Office Money, said:
“A slower rate of house price growth will no doubt be welcomed by fi

2 August 2017 00:01

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

28 June 2017 07:00

Parents to spend £468 entertaining their children this summer

UK parents set to spend £6.2 billion entertaining their children over the summer break Over half of parents (52 per cent) are worried about covering the cost of entertaining their children during the school holidays A third (33 per cent) of parents spent more than they had budgeted for last summer One in three (33 per cent) used a credit card to cover their increased spend last year
With

3 June 2017 00:01

Holiday motorists face fuel price hikes in Europe

• Fuel prices rise by up to 40 per cent year-on-year for unleaded petrol and 51 per cent for diesel in European motoring holiday destinations • Filling the tank costs least in Andorra and Austria while diesel is still sub-£1 in Spain • Diesel remains cheaper than unleaded petrol in all barring Switzerland and UK – with the biggest saving of 32p a litre in the Netherlands

22 April 2017 00:01

Latest currency index provides evidence of buoyant demand for holidays abroad as sterling recovers from 2016 low point

In its latest Holiday Money Index measuring exchange rate movements and currency sales, Post Office Travel Money, which accounts for one-in-four of all UK transactions, says that strong currency sales in the first three months of 2017 provide encouraging evidence of a continuing appetite for overseas holidays.
Announcing year-on-year increases of 55 per cent increase in currency sales made onli

25 March 2017 00:01

Sunshine city beats off challenge from Eastern Europe to top annual City Costs Barometer

10 best value cities: Paphos, Vilnius, Riga, Warsaw, Budapest, Krakow,
Lisbon, Prague, Athens and Palma

Paphos, 2017’s joint European City of Culture, is cheapest of 36 European cities surveyed for the annual City Costs Barometer (www.postoffice.co.uk/citycosts)
Lisbon retains its position as Western Europe’s cheapest capital city
Prices for UK visitors are up across Europe but ye

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