Post Office bank backed

A survey of over 2,000 adults by the Post Bank Coalition showed that four out of five backed the idea and two thirds would use a bank in post offices.

The coalition, which includes business and pension groups and trade unions, said the Government should act on the findings and quickly establish a publicly owned bank in post offices.

There was now a growing consensus among politicians and the public for a new model of banking based on the “trusted” post office network, said the campaigners.

Communication Workers Union general secretary Billy Hayes said: “Britain wants a bank it can trust. Post Bank would serve real people, not just shareholders.”