The Post Office has announced Junction, the affinity division of the Budget Group of Companies, will be the third party partner for the launch by the joint venture between Post Office and Bank of Ireland into the car insurance market.
Read MoreEuropean post offices axe thousands
Read MoreThe campaign to stop the Government’s planned closure of more than one third of urban post offices has taken a step forward.
John Barrett, campaign leader and Liberal Democrat MP for Edinburgh West, has met Trade and Industry Minister Stephen Timms to discuss plans to save the 3000 post offices under attack.
Mr Barrett’s petition, backed by 6000 constituents, focuses on the essential role urban post offices play for many vulnerable people.
Read MoreThe Post Office is preparing to offer customers mortgages in direct competition to banks and building societies.
David Mills, appointed in February to turn round the organisation’s fortunes, believes this is the key.
Under the scheme, the Post Office, which is losing (pounds) 163m a year, would offer a full range of financial services, including mortgages, through its 17,500 outlets.
Read MoreUnder the present disinvestment policy of the government there is no possibility of privatisation of (the Indian) postal department. The services of this department come under social responsibilities and not under commercial services. Private sector is attracted more where the work involved is of commercial nature.
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