Tag: Royal Mail

Holding the folding : UK prefers cash over plastic on holiday

Holidaymakers are set to splash the cash overseas with bumper currency sales of GBP2.3 billion forecast for this year according to a new Post Office® report. In fact, one in every fifteen pounds of the total GBP34 billion spent overseas this year will be bought from the Post Office®.

Launched today, the report shows cash is still the UK’s number one way to pay abroad. Almost half (47 per cent) prefer to use local currency compared to 33.6 per cent who prefer to “put it on the plastic” using their debit or credit card.

Although Traveller’s Cheques are still popular with 19 per cent of holidaymakers, as plastic becomes more popular they are slowly declining, with sales dropping by almost 12 per cent last year. Despite this, euro Travellers’ Cheque sales grew by 7.7 per cent last year .

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Paying for post by shape and size 'will cause chaos'

The introduction of new postage rates for letters and parcels will cause increased queues at post offices and confusion for consumers, a consumer watchdog claims.

Postwatch said that Pricing in Proportion (Pip) which is being fully introduced next month, will lead to increased pressure on post office counters, where queues are already growing.

The new plan means that customers will be charged for the size and thickness of the letter they are posting, rather than simply its weight.

A campaign to inform customers begins today, with a paper template being posted to every address in Britain.

A Postwatch spokesman said that, in the short-term at least, queues at post offices were likely to become longer as people struggled with the new rules and worked out the price they would need to pay.

“Royal Mail needs to work hard to inform people what is going on,” he said. “We are keeping an eye on how queuing goes in the longer term.”

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Chaos looms over major postal service shake-up

The biggest shake-up in Britain’s postal service for more than 165 years has ‘the makings of a mega-disaster’, consumer groups will warn today.

In just three weeks’ time, new rules will affect the price of approximately one in five items sent in the post with a stamp.

For the first time, people sending anything through the post will have to think about the size and thickness, not just the weight.

This week the Royal Mail will begin the biggest-ever mailout with letters about the new ‘Pricing in Proportion’ going to the UK’s 27 million addresses.

Earlier this month, a GBP10 million TV and newspaper advertising campaign began trying to explain the changes to millions of people who know nothing about them.

There will now be three types of mail – a letter, a large letter and a packet.

A letter must weigh less than 100g; be less than 5mm thick; and the size must not exceed 240mm x 165mm. If so, it will still cost the price of a standard first or second class stamp.

A large letter must weigh less than 750g; be less than 25mm thick; and the size must not exceed 353mmx250mm. If so, it will cost from 44p up to GBP1.31 to send first-class.

Anything bigger is a packet and will cost from GBP1 if sent first-class.

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Junk mail: stamp it out

When I go on holiday in ten days’ time I think I will have to take the back door key with me. After a fortnight away I certainly won’t be able to count on being able to push the front door open.
If you thought the piles of junk mail on your doormat were bad enough, they are just about to get ten times higher. Last week the Royal Mail and the Communication Workers’ Union agreed a deal that will see the floodgates open. Postmen were promised a 3.9 per cent rise in wages, and in return agreed to carry much greater quantities of blank, unaddressed mail.

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Credit card cover costs GBP405 million less a year with Post Office

Post Office® research has found that if everyone in the UK who has credit card payment protection made two simple phone calls they could collectively save a staggering GBP405 million a year.

The Post Office® estimates that there are 10 million credit cards with payment protection in the UK2 and customers are currently spending GBP810 million annually protecting them – GBP405 million more than they need to.

The Post Office® is urging people not to automatically take cover with their credit card provider but look at other products available. For example, by switching to Lifestyle Protection from the Post Office®, a typical credit card customer with a balance of GBP5,000 would save themselves GBP17.00 a month or over GBP200 a year.

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