Local Post Offices across the town have received a boost as the Labour Government awarded the contract for the Post Office Card Account (POCA) service to the Post Office. The news will be welcomed by local post offices who rely on the business people picking up their pensions or benefits through the Post Office Card Account brings into branches.
With the financial crisis that started with the American banks now being felt here in Britain, people are feeling worried about their finances. Post Offices are often the only providers of banking services in some areas so this vote of confidence in the post office is very welcome
The Government has decided to award a new contract for the continuation of POCA directly to the Post Office. The National Federation of Sub Post Masters had said that, without POCA, 3,000 Post Offices would close.