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Holidaymakers rush to change money ahead of EU vote

Holidaymakers have been rushing to change up their travel money ahead of the EU vote.

Post Office Travel Money, which accounts for one in four of all UK foreign exchange transactions, said currency sales overall have surged by 74% year-on-year since the weekend.

It said on Tuesday that Post Office branch sales were up by 48.8% on the same period a year ago, while online purchases were up by 381%.

The value of the pound has see-sawed amid the uncertainty over whether the UK will decide to remain in the EU or vote for a Brexit.

There have been warnings that a Brexit vote could trigger further falls in the pound - and some holidaymakers may be hedging their bets by changing their money ahead of the vote.

International money transfer specialist HiFX reported the number of holidaymakers buying euros and US dollars has increased by 46% since the weekend.

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3,000 post offices now open on Sundays

The number of post offices open on Sundays has reached 3,000 as the firm tries to keep up with changing demands, new figures show.

3,000 Post Offices are now open on Sundays Credit: PA

The milestone figure was reached when the Bergh Apton branch in Norfolk opened its doors - offering a garden centre, farm shop and restaurant as well as traditional postal services.

Our customers' needs are changing, and so are we. We intend to be the largest retail network in the UK open seven days a week.

– Kevin Gilliland, Post Office network director

Figures from The Post Office show the earliest branch opening time was 3.30am, while other branches close as late as midnight.

Three branches are open 24 hours a day.

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