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Post Office Ltd. - Wikipedia, the free encyclopedia
Post Office Ltd (Welsh: Swyddfa'r Post Cyf.; Scottish Gaelic: oifig a' phuist) ... Post Office Ltd was separated from the postal service Royal Mail in 1986 but ...
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General Post Office - Wikipedia, the free encyclopedia
... system in the United Kingdom, see the article Royal Mail and Post Office Ltd. ... in Royal Mail Group Ltd (formerly plc) and its subsidiary Post Office Ltd. ...
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mauritius post
Official website of The Mauritius Post Ltd providing information and news about the post office of Mauritius ... The Mauritius Post Ltd. Browse our website for ...
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{{Infobox Company|name = Post Office Ltd|logo = |type = Wholly owned subsidiary|genre =|foundation = 1986 ]|industry = mail|products =|services =|revenue =|operating_income =|net_income =|num_employees =|parent = Royal Mail|divisions =|subsid =|owner =|slogan =|homepage = postoffice.co.uk|dissolved =|footnotes =-->Post Office Ltd (; ) is a retail post office company in the United Kingdom that provides a wide range of products including postage stamps and banking to the public through its nationwide network of post office branches.

Structure Post Office Ltd was separated from the postal service Royal Mail in 1986 but remains a wholly owned subsidiary of Royal Mail Group Ltd. A large number of its branches are under franchise agreements.

There are currently around 14,000 Post Office branches across the UK of which approxiamately 370 are directly managed by Post Office Ltd. The majority of branches are either run by multiple franchise partners or local subpostmaster agents.

Services , UKThe Post Office has a wide variety of services throughout the network of branches. Products and services available vary throughout the network. Main post offices provide the full range of services.

• Mail services (Royal Mail services, stamps, Parcelforce Worldwide etc)
• Personal banking services (Paying-in, Withdrawals, Bill payments and Balance enquiries) for certain banks and NSandI only
• Business banking services
• National Lottery services
• Mobile phone E-Top-up (including purchasing Top-up vouchers)
• Processing passport, fishing licences, European Health Card, international driving permits and driver's licences applications
• Selling and cashing-in postal orders
• Keeping Post Restante mail (for up to 2 weeks for local mail and up to 1 month for international mail)
• Insurance services
• Home telephone services and telephone cards
• Foreign currency exchange and Travel Money Card
• Personal loans
• Bill payments
• Sales of gift vouchers for certain high street merchants
• Sorted! magazine
• Savings stamps
• Keepsafe and redirections

Some Post Offices also have cash machines, most notably operated by Bank of Ireland.

In towns, Post Offices are usually open from around 9am to 5.30pm on Monday - Friday and from 9am to 12.30pm on Saturday. In some country areas, opening hours are much shorter - perhaps only four hours per week. Most Post Offices are shut on Sundays and Bank Holidays.

Concerns Long standing year on year losses (£102M loss in the second half of 2006 – the only loss making division of Royal Mail)The RM group turned a £22M profit in this same periodRecent plans to cut the £150m-a-year subsidy for rural post offices lead to the announcement that 2500 post offices are to be closed.New technology means most of their additional services can be used online – e.g.:

• Paying car tax
• Receiving benefits payments
• Increased use of email means that for many people the postal service is becoming obsolete
• Increasing competition
• From 1 January 2006, any licensed operator was able to deliver mail to business and residential customers

The Post Office has been affected by closures in the last few years. This has caused much anger in local communities because the residents are unable to benefit from the postal and banking services that the Post Office provides.

It also increases business costs, as once the local Post Office has closed, people may have to drive some distance (perhaps five miles) to reach a Post Office.

Re-Structuring The government has given a £1.7 billion subsidy to Royal Mail Group so that it can turn a profit by 2011. POL have refused to comment whether this money would be used for the £6 billion pension deficit, or to sustain the Crown Office Network.

85 Crown Post Offices are to close, 70 of which are to be sold to WH Smith. This follows a trial of 6 Post Office Outlets in WH Smith Stores. WH Smith is expected to make up to £2.5 million extra in its annual profits.

The closure of 2,500 sub-Post Offices will commence over the next 18 months. Redundancy packages will be provided from public funding, (subpostmasters are to get over 20 months pay, roughly £65,000, to close).

See also

• UK topics

Notes and references Further reading

• Scotsman.com Business - Top Stories - Post Office ready to deliver loan service

External links

• Post Office official website
• Royal Mail official website
• Postwatch - the watchdog for postal services