The Post Office is a business that is crucial. A company that has played an important role in UK life for decades. The kind of business that millions depend on each day and every week. We're a commercial enterprise that is driven by a social cause that is to provide support with our consumers.
The Post Office has over 11,500 branches throughout the UK and 97% of them are managed by retail partners through the basis of franchise or agency. 99.7 percent of the population live within three miles of an Post Office and 93% of them live within one mile. In addition to being a major online presence, we're the largest retailers in UK having more branches than the other bank and building society.
Our mission and our reach
Publicly owned following our departure of Royal Mail in 2012, we have modernized 7,500 branches and have more than 200,000 additional working time as well as hundreds of Post Offices are now open from early in the morning, and later in the evening. There are several branches operating 7 days a week. Post Office Post Office continues to evolve and evolve to meet the ever-changing needs of its customers. Over the past few years as part of a significant upgrade and investment program, over 200 communities are now served by a brand new Post Office branch.
Post Office offers over 170 various products and services that include financial services such as savings mortgages, loans, insurance and credit cards as well as government services, broadband and home telephone international currency travel insurance; local Collect services, Drop and Go Mail services, and more.
Furthermore to this, Our Everyday Banking services mean customers have access to your High St accounts at any branch of the local Post Office branch including, deposits, withdrawals, changes cheques, balance enquiries and checks.
More than an Post Office
A commercial company, The Post Office is driven also by its social mission. It is the central point of many villages and towns all over the UK it is aware of the crucial function that of the regional Post Office branch plays within communities, specifically lonely, older people and the most vulnerable people in society.
For many users, it is the Post Office remains an important source of customers' social interactions as well as providing crucial access to their most basic requirements. Postmasters across the country provide much more than a selection of services. In many instances, they contribute to their communities and have a significant impact on the lives of their towns and villages.
Post Office: The Future Post Office
We're working on a new line of products in order to ensure we are able to invest in our business in order to remain relevant in the future the way we're today. The Customer Hub is one of them. that will connect our products on the internet and our identity services, which allow anyone to show their identity in the digital age.
We'll be a crucial component in the infrastructure physical the digital world needs and assist in ensuring that everyone has the chance to benefit from the advancements in technology.