Bridget Fox - Liberal Democrats

Bridget Fox - Working for you in Islington South and Finsbury

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Liberal Democrats
4 Cowley Street
London SW1P 3NB
020 7222 7999

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Published & promoted by Euan Cameron on behalf of Bridget Fox (Liberal Democrats) both at Leroy House (3L) Essex Road N1 3QP

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Save our Post Offices

22 February 2005 - Post Office closures leave poorest paying more

Another impact from the spate of Post Office closures in Islington is our elderly and vulnerable residents being hit by exorbitant charges from private cash dispensers.

Some 20,000 cashpoints in Britain charge fees to withdraw cash - about 40 per cent of the national total - and according to one industry estimate there were 98.8 million withdrawals from fee-charging machines last year, leading to £140 million in charges.

Most fee-charging dispensers levy a flat fee of £1.50 for every withdrawal, regardless of how much is taken out, inevitably hitting the poorest, hardest. This particularly affects people using Islington's neighbourhood shops, where there are no nearby bank branches. Now that we have seen valued local post office branches close Pensioners are being forced to use bank accounts whether they want to or not - and now face exorbitant fees being charged by these private cash machines.

Pensioners are a captive market - they need to get their cash locally to buy their essentials. But often there is a high fixed charge, even on the smallest cash withdrawals. This will encourage pensioners to keep larger amounts in cash - which places them at greater risk of crime.

The Labour government spent millions of pounds supporting post office closures. As ever, it seems to be the poorest residents who end up footing the bill.

Bridget pictured with Vince Cable MP delivering the petition to save our Post Offices

Campaign latest

22 May 2007 - Essex Road Post Office Update

16 May 2007 - Post Offices Under Threat Again

22 February 2005 - Post Office closures leave poorest paying more

9 December 2004 - Shock figures show Islington hardest hit by Post Office closures

1 November 2004 - More than 160 main post offices could be shut down or sold off under plans being considered by Royal Mail

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