Displaying items by tag: cash

Wednesday, 19 February 2020 15:46

UK cash system is 'at risk of collapse'

The UK’s cash system will collapse without urgent legislation to protect it, according to a new study.

Panel members behind the Access to Cash Review, which published its final report a year ago, said action is needed to protect cash for as long as people need it.

They say that in the 12 months since their last review, significant issues within the country’s cash infrastructure remain.

The review was set up by ATM network provider Link to help understand how consumers use cash and how their requirements to access physical money will change over the next five to 15 years.

 

Source: https://uk.finance.yahoo.com/news/uk-cash-system-is-at-risk-of-collapse-100821647.html?guccounter=1&guce_referrer=aHR0cHM6Ly9uZXdzLmdvb2dsZS5jb20v&guce_referrer_sig=AQAAAFaPwxCVK4k3z-9fkowPJ57zWEIuKlKGp_-JVo928x4pfzA37j_-hSsJN1ZLCLE1S4sEON0KK2DkCs92bvIdwt2Y4mkUDQHEvQV9Fh7HoVb7aVi0A7xN71BRAwvOxrbSIgppswfPe0h8d_qYUK-NXS668LN9Gc4IV2j46Od3uaSr

Published in Accounting