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The Latest Breaking News from Post Office

Post office customers can now do paperless transactions at branch offices with Aadhaar e-KYC

The Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SSY customers to make paperless deposits up to Rs 50,000 and savings account withdrawals up to Rs 20,000. Aadhaar-authenticated transactions can now be done at any branch, while mobile-linked accounts…

The Economic Times

MPs urge Fujitsu to make ‘immediate’ payment to Post Office Horizon victims

Liam Byrne, who chairs Commons business committee, says too many operators are still waiting for redress

The Guardian - UK

Ministers must clear Horizon shortfall claims by end of the year, says committee

The business and trade select committee has also urged Fujitsu to make an interim payment ‘immediately’ to support affected sub-postmasters.

Evening Standard

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Fujitsu chair resigns after ‘woman-related inappropriate conduct’

Japanese technology company at centre of Post Office IT scandal is negotiating settlement with UK government over faulty software

The Guardian - UK

Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring deposits

Recurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices for their RD accounts. Interest rates vary, with post offices offering a competitive 6.7% for a five-year tenure. Banks also provide attractive rates for similar periods. Maturity amounts depend…

The Economic Times

PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?

Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns of up to 8.2%. Despite short-term volatility in indices like Nifty 100 and Nifty Midcap 150, small savings schemes provide a reliable option for conservative investors. Equities, however, offer superior…

The Economic Times

King as upset about Horizon scandal as we are, says ‘oldest’ victim, aged 93

Betty Brown, thought to be the oldest victim of the Post Office Horizon IT scandal, was made an Officer of the Order of the British Empire (OBE).

Evening Standard

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King Charles ‘upset’ about Post Office scandal as oldest victim receives honour

She also asked the Prime Minister to resolve the scandal ‘as quickly as you can’

The Independent UK

Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?

Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Office RD offers an estimated Rs 7.14 lakh, while SBI RD provides Rs 7.02 lakh. This difference means an investor earns approximately Rs 12,244 more with…

The Economic Times

Windrush compensation scheme needs significant overhaul, MPs told

Victims should be given legal support to help slash number of claimants denied payouts, says Windrush commissioner

The Guardian - UK

Post Office MIS vs mutual funds: Which is better for income-seeking investors?

Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative investors. While safe, its returns may not beat inflation, and interest is taxable. Experts suggest a balanced approach, combining low-risk options like arbitrage funds for income with equity funds for long-term wealth creation.

The Economic Times

The U.S. Post Office Just Said 'Goooooal' — USPS Releases Soccer Forever Stamp as 2026 World Cup Approaches

With the 2026 FIFA World Cup just two weeks away, the U.S. Postal Service has issued a North American Soccer Forever stamp celebrating the sport's history in America — and the iconic 'goooooal' call that Latin America gave the world.

Latin Times

Greece or Türkiye: Which offers the most affordable holiday this summer for Europeans?

Türkiye still tops the charts for bargain all-inclusive breaks and low day-to-day costs but, as more Turkish tourists head to Greece in search of better value, Euronews Travel compares where travellers can really get the most for their money in 2026.

Euronews

Post Office Horizon probe could be delayed by five years, police chiefs warn

IN FULL

The Independent UK

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The Guardian - UK

Inquiry into Post Office Horizon scandal faces five-year delay without extra funding

Police officer in charge says budget could reach £19.3m and nearly 100 more investigators are needed

The Independent UK

Warning issued as police investigation into Post Office Horizon scandal could face five-year delay

Commander Stephen Clayman said the inquiry is “hugely complex”, with eight million documents and counting needing to be forensically reviewed

The Independent UK

Revealed: The cheapest city breaks in Europe, according to research

Tourist expenses have risen by more than 20 per cent in seven destinations since 2025

The Economic Times

Rs 15 lakh investment in Post Office Monthly Income Scheme (POMIS): What monthly income can you earn for 5 years?

Low-risk investors can earn a fixed monthly income of Rs 9,250 from a Rs 15 lakh deposit in a joint Post Office Monthly Income Scheme (POMIS) account. This government-backed scheme offers an annual interest rate of 7.4% for a 5-year tenure. While interest is taxable as per income slab, no…

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The Independent UK

Post Office names new Horizon IT suppliers replacing Fujitsu after scandal

Horizon is at the centre of the long-running Post Office scandal, which saw around 1,000 people wrongly prosecuted and convicted

Evening Standard

Post Office names Fujitsu’s replacements to run scandal-hit Horizon system

Accenture and One View Commerce (OVC) have been awarded contracts and will operate the system that will eventually be replaced.

International Business Times UK

HMRC's £900 Cheque Turns Into Nightmare — Woman Forced to Drive 94 Miles Says Lloyds Has 'Forgotten Rural Britain'

Lloyds' policy change on Post Office cheque deposits impacts rural communities, with Annabel Yates' 94-mile journey highlighting access challenges for customers.

The Guardian - UK

Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat

Exclusive: Contract changes mean Post Office outlets inside TG Jones stores would be easier to close, with up to 60 possibly affected

The Economic Times

Now personalised cheque book in Post Office: Savings account holders can get cheque books with printed names

Post Office Savings Account holders can now get personalized cheque books featuring their name and account details, enhancing security and convenience. This new facility, available from May 8, 2026, offers free delivery to registered addresses.

The Economic Times

Post office TD vs PSU bank 5-year FD: Where can you get higher maturity on Rs 2 lakh investment?

For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25%. This translates to a significantly higher maturity amount on a Rs 2 lakh investment, with the Post Office TD potentially yielding nearly Rs 90,000 in returns.

Evening Standard

Post Office handles ‘record-breaking’ 39.8m cash transactions in first quarter

A particularly strong March performance was driven by households preparing for Easter and the school break, the Post Office said.

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