Which? sets banks two-week deadline to commit to cash

Five, ten and twenty pound notes and pound coins

The UK’s eight largest retail banks must commit to maintaining cash access for the millions of people in the UK who still rely on it, Which? CEO chief executive Anabel Hoult demanded in a letter to banks.

The letter to the UK’s eight largest retail banks outlines how the coronavirus pandemic has exerted enormous pressure on the cash network – our latest analysis shows that 13,000 cash machines have disappeared in just three years.

The letter calls for immediate action to safeguard access to cash to ensure that cash remains a viable payment option.

Read more here.