The UK’s high street banks have already closed some 5,000 branches over the past eight years — at a rate of around 54 per month — and 15,000 cashpoints, or ATMs, over the past five, with hundreds more scheduled to close this year. Both large and small retailers have also refused to accept cash. The government could, of course, step in and do what many state and local governments in the US have done and pass a law prohibiting businesses from not accepting cash.
https://www.activistpost.com/2023/12/small-slivers-of-hope-in-the-global-war-on-cash.html
The UK’s high street banks have already closed some 5,000 branches over the past eight years — at a rate of around 54 per month — and 15,000 cashpoints, or ATMs, over the past five, with hundreds more scheduled to close this year. Both large and small retailers have also refused to accept cash. The government could, of course, step in and do what many state and local governments in the US have done and pass a law prohibiting businesses from not accepting cash. https://www.activistpost.com/2023/12/small-slivers-of-hope-in-the-global-war-on-cash.html
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Small Slivers Of Hope In The Global War On Cash - Activist Post
It wasn’t until late 2023 that it became apparent that the use of cash had rebounded in 2022, for the first time in ten years.
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