Post Office launches new campaign to ‘save our cash’ amid widespread bank branch closures

A partnership has been set up to save cash, known as The Banking Framework.

This is an agreement between the Post Office and 30 UK banks, building societies and credit unions to ensure millions of customers have national, free access to cash and vital everyday banking services over the counter from their local Post Office.

However, the Post Office said the short-term nature of the Framework - lasting just three years - is "inherently fragile" since it relies on the goodwill of each participating bank to continue to want to provide their customers with a means to withdraw and deposit cash locally.

Whether using the Post Office network, which has more than 11,500 branches, or another provider, the Post Office ought to be under an obligation to ensure customers can continue to access their own accounts, free of charge, locally.