Post Office takes on banks with current accounts

By Matt Scuffham LONDON (Reuters) - The Post Office will provide a new competitor to Britain's established but unpopular high street banks, offering current accounts to customers at its 11,500 branches across the UK from this spring. The government-owned Post Office said its move to add current accounts - the top prize for British banks looking to broaden sales to customers - to its existing range of money products would turn it into one of Britain's biggest financial services providers. ...

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