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
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
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
• 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
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
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
• 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
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
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
Cyprus beats the Canaries to rate as the best value Half Term holiday bargain
Cancun is the survey’s lowest-priced long haul resort and the only destination where sterling will stretch further than a year ago
Families hoping to swap the UK winter for a sunshine break abroad during half term will find the best bargains in Cyprus and the Canary Islands, according to new research by Post Offi
New agreement will give customers more choice and accessibility
New product range will be launching throughout 2017
Access to new products across additional digital channels
Post Office Money has taken a major step in growing its life business by appointing Royal London as its new life insurance partner.
Working with Royal London will enable Post Office Mon
The Post Office has over 11,500 branches across the UK, 97% of these are run with retail partners on an agency or franchise basis. 99.7% of the population live within 3 miles of a Post Office and 93% live within 1 mile. Along with a significant online business, we are the biggest retail network in the UK, with more branches than all the banks and building societies combined.
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