As society fast becomes cashless, a recent review has called for extra safeguards to support the cash infrastructure in the UK8.
A significant number of people and businesses are still reliant on cash transactions on a daily basis, and it is feared that the move towards an entirely digital future would negatively impact over eight million adults in the UK, who would struggle to cope in a cashless society.
There have been calls for Parliament to hand extra powers to regulators and introduce rules forcing banks to provide suitable access to cash for customers. 8Access to Cash Review, March 2020
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