Lorely BurtCommenting on the launch of a new coalition which is calling for a new ‘Post Bank’ to be set up and run as part of the post office network, Liberal Democrat Small Business Spokesperson, Lorely Burt said: "With the credit crunch causing a loss of confidence in both banks and bankers, the time has never been better to create a Post Bank. "Post Bank could offer safe, reliable b...

A coalition of unions, small businesses, charities and pressure groups begin a campaign today for a "people's bank" built on the Post Office network. The Post Bank campaign believes the strength of the Post Office brand and its 11,500 branches should be used to create a local banking infrastructure throughout the UK. "The effect of the banking crisis means the need for a new, trusted, state-o...

After billions of bailout pounds have gone to waste, politicians could do worse than fund a Post Office people's bank Yesterday a group of MPs and others put forward a plan for a new government savings and loan bank. It would be based on the Post Office. The old jokes are always the best, but this at least is a joke in a good cause. The bank would offer a range of banking services for individ...

Sheffield Labour welcome recent proposals from Government for a publicly-owned Post Office, or ‘People's Bank'. Since the economic downturn people do not seem to trust traditional high-street banks like they used to, unlike the Post Office which remains a trusted institution. Therefore, the government plans to expand the financial services on offer at the Post Office and create a &...

Today, in its decision to allow the Post Office to continue the post office card account service, the Government recognised the role of local post offices in local economies, financial inclusion and community life. While this particular service may not be being provided on the most economically efficient basis (debatable), it is certainly the case that villages and high streets will be the more fu...

Labour AM Ann Jones has congratulated Henllan Post Office for its successful application to the new Post Office Diversification Fund. The Post Office is one of the first to be awarded part of a new £4.5m fund to help sub-postmasters and sub-postmistresses diversify and improve their facility. The fund, which will run for three years and is open to every sub post office in Wales, aims to help...

Labour’s Secretary of State for Work and Pensions, James Purnell, has announced that the Post Office has been awarded the contract to continue providing the Post Office Card Account (POCA). The Labour Government has taken the decision to help secure a viable Post Office network by awarding the five-year contract directly to the Post Office. Four million people, including two million pensione...

The Government has decided against setting up a state-backed Post Office Bank because it would be too time-consuming and expensive, ministers announced today.

I have been pressing Camden Council to step in and prevent the closure of Albany Street Post Office, also in today's Daily Mirror "Mandy Post Office Shuts." Here's the letter I wrote to the Lib Dem/Tory leadership, normally very active on Post Office issues in the borough, to ask if our lawyers could step in to injuct the Post Office Ltd not to close until a suitable replacement was foun...

Sheffield Attercliffe MP Clive Betts has demanded a high-level meeting with Post Office managers in London following the temporary closure of Tinsley Post Office. Clive Betts said: "I have been in correspondence with the Post Office over many months about the problems of Tinsley Post Office, its very difficult location and the requests by the sub-postmaster for assistance in moving to more appropr...