Post Office Card Account
(asked on 4th June 2019) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, how many Post Office card accounts were active in each of the last five years; and how much his Department paid into those accounts.
The figures for the number of active accounts at year end for the last five years are as follows:
At Year End | Total Number of Accounts |
March 2015 | 2409075 |
March 2016 | 2179279 |
March 2017 | 1790546 |
March 2018 | 1383266 |
March 2019 | 1103328 |
The figures for the amount paid into Post Office card accounts for the last five financial years are as follows:
Financial Year | Monies Paid in by DWP |
2014-2015 | £17,333,287,535.11 |
2015-2016 | £16,228,823,143.88 |
2016-2017 | £14,141,533,797.78 |
2017-2018 | £12,047,638,556.85 |
2018-2019 | £9,515,393,806.89 |