Select Committee on Treasury Minutes of Evidence


Examination of Witnesses (Question 660-665)

MR ALAN COOK AND MR GRAHAM HALLIDAY

9 MAY 2006

  Q660  Jim Cousins: Of the number of the Post Office Card Accounts, how many of them are DWP service and how many of them are HMRC?

  Mr Cook: I think that is what we are going to come back to you on.

  Q661  Chairman: In the big picture submission to us it is very important. A couple of last questions. Our reports are open-ended, as you know, and we come back to reports as and when, so we will have a watching-brief on the issue of LINK. What are the characteristics of the consumers using the Post Office Card Account? For example, how many are pensioners, how many have disabilities, how many are on low income? Do you have information on that you can share with us?

  Mr Halliday: Yes, we can send you that information.[8] 29

  Q662 Chairman: How many of the people using the Post Office Card Account have a separate bank account which they also use for day-to-day transactions?

  Mr Halliday: We believe it is up to 70%.

  Q663  Chairman: Maybe you could give us more detail on that?

  Mr Cook: We can certainly do that.

  Q664  Chairman: On the issue of the 45 post offices which have been converted from free to charging by the Alliance and Leicester, you know we are always very helpful to our witnesses and I got my staff to go downstairs to check my mind was correct. Alliance and Leicester have a free cash machine right downstairs with a big plate on it which says, "Free". So when you write to Alliance and Leicester say that I am suggesting that they make that one charging and make one in one of the financially excluded areas free, and that is a good deal, otherwise they are just being cynical. Okay?

  Mr Cook: I will pass that message on.

  Mr Mudie: You will be very unpopular in this building, John!

  Q665  Chairman: Thank you for your time.

  Mr Cook: Thank you.





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