Businesses could be forced to accept cash under new rules, MPs warn
Briefly

The Independent highlights a critical issue regarding the decline of cash usage in the UK and its implications for vulnerable citizens. The Treasury Committee warns that as businesses increasingly move to digital payments, those who depend on cash—such as the elderly and individuals with disabilities—risk being marginalized. The committee advocates for government intervention to monitor cash acceptance and ensure accessibility, stressing the importance of community spaces where all individuals can participate, regardless of their payment preferences.
The usage of cash has declined significantly across the UK, prompting concerns from the Treasury Committee about potential exclusion for vulnerable groups who rely on cash.
The cross-party group urged the government to monitor cash acceptance levels, emphasizing the need to support vulnerable individuals affected by diminishing cash payment options.
Read at www.independent.co.uk
[
|
]