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Post Office Savings Bank became National Savings Bank in 1969, later renamed National Savings and Investments (NS&I), an agency of HM Treasury. While continuing to offer National Savings services, the (then) General Post Office , created the National Giro in 1968 (privatized as Girobank and acquired by Alliance & Leicester in 1989).
National Savings and Investments was founded by the Palmerston government (following a suggestion by George Chetwynd, a clerk in the Money Order department of the General Post Office) [5] in 1861 as the Post Office Savings Bank, the world's first postal savings system. The aim of the bank was to allow ordinary workers a facility "to provide for ...
The quality of postal services in the 17th and 18th centuries improved with development of better roads and means of transport. [1]Anthony Trollope is credited with major contributions to the development of postal services in the years 1851-1867, described, e.g. in Chapters 8 and 13 of his autobiography.
The Post Office had long been an agent for National Savings and Investments (NS&I), which was originally the Post Office Savings Bank but is now a wholly separate institution. From November 2011, only Premium Bonds could be bought in Post Offices, but the 156-year relationship ended in August 2015 when Premium Bonds became the final NS&I ...
In 1965 a white paper "A Post Office Giro" was published, outlining a system which would use post offices as its business outlets, with automated central processing of transactions. [6] By September 1965, a central site was chosen at Bootle in Lancashire. [6] The Post Office bought land on the site of sidings of the North Mersey Branch railway.
Post Office Limited, formerly Post Office Counters Limited and commonly known as the Post Office, is a state-owned retail post office company in the United Kingdom that provides a wide range of postal and non-postal related products including postage stamps, banking, insurance, bureau de change and identity verification services to the public through its nationwide network of around 11,500 ...
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The then Home Secretary, Theresa May, announced the abolition of the UK Border Agency on 26 March 2013, with the intention that its work would be returned to the Home Office. [1] The agency's executive agency status was removed, and internally it was split, with one division responsible for the visa system and the other for immigration ...