Energy Business Relief Scheme
Post Offices' energy costs are set to increase up to four or five times. This is unsustainable and it is vital that we work together to ensure that Government takes action to support postmasters and their post offices. We urgently need the Energy Business Relief Scheme to be extended beyond March 2023 by being classed as a vulnerable industry.
Reduced cash deposit limits
In line with limits set by the Financial Conduct Authority (FCA), banks are reducing cash deposits at post offices counters. This means that small businesses must go to their local bank branch to pay in larger deposits of cash. The danger is that with fewer banks on the high street, personal banking customer will be forced to travel to their nearest bank branch, while businesses could be forced to stop accepting cash from their customers because they can not safely deposit it at their local post office.
Why does this matter?
If businesses stop accepting cash, this will have a hugely damaging impact on the cash infrastructure. Reduced cash deposits will result in less remuneration for your local postmaster, many of whom are working for pay equivilent to the National Minimum Wage or less.
If limits are imposed this will negatively impact on the payments to postmasters, which could result in significant financial costs, threatening the viability of their Post Offices. Already 87% of NFSP members have been negatively impacted by these banking changes.
What can you do?
As a post office customer, we need you to write to:
As a local business, we need you to:
If you are unsure who your local MP is, you can find out HERE.
We have also produced a guide to give you some tips on how to write to your MP. Please find HERE.
We have developed a social media campaign so please do share these visuals via your social media channels.
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Tags: Communication, Politics, Banking, Post Office, Retail