Post Office financial services plan

By amtadmin • Dec 21st, 2009 • Category: News, frontpage

A new range of financial services provided through the Post Office could help to save branches under threat of closure.

Proposals include allowing the Post Office to provide current accounts, business accounts, children’s saving accounts and mortgages.

Access to accounts would by offered by all 11,500 Post Office branches – more branches than all the High Street banks combined. The plan would require investment of up to £1.7bn by 2011.

The changes would turn the Post Office into “a leading player in financial services”, said Lord Mandelson.

A public consultation on the proposals has been launched by Lord Mandelson and the consultation closes on 24 February.

To download full details of the proposals and the consultation documents, go to: Post Office consultation

amtadmin is bbbb
Email this author | All posts by amtadmin

Leave a Reply

You must be logged in to post a comment.

• 
  This website and the Towns Alive programme are supported by the Big Lottery Fund

• Member Login

  Username:
  

  Password:
  

  Remember me

  • Forgotten password?

• Search

• Prosperous Places campaign

  Market towns have been hard hit by the recession, with unemployment overall rising by a third more than in the nation as a whole. Shop vacancies have increased and empty shops are getting harder to let.

  But towns are fighting back. Town Partnerships and Town Councils are working locally to bring renewed vitality to their town centres. Action for Market Towns is providing research, lobbying and helping to promote the sharing of good practice between towns.

  A new government fund is providing help to some of the worst hit town centres - and AMT stands ready with advice and practical support to help towns who qualify.

  Click here for links to a number of resources, including case studies, all linked to the campaign theme of Prosperous Places.