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1125587

	registered interest
	date	09/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will call a summit with industry representatives, with the objective of ensuring the continued provision of free cash withdrawals at ATMs in deprived communities.
	tabling member constituency	Birkenhead
	tabling member printed	Frank Field
	uin	252493
	answer	answer is ministerial correction date of answer 14/05/2019 answer text <p>Last year, the Government initiated a discussion on payment methods through a Call for Evidence on Cash and Digital Payments in the New Economy. This sought to gather evidence from industry and the public alike on how changing preferences for cash and digital payments impact on different sectors, regions and demographics.</p><p> </p><p>A formal Summary of Responses to this Call for Evidence was published in May 2019. This response set out the Government’s commitment to supporting digital payments, whilst safeguarding access to cash for those who need it. It also highlighted that the Treasury would set up and chair a Joint Authorities Cash Strategy Group, made up of regulators and the Bank of England, to facilitate further co-ordination between the authorities and provide comprehensive oversight of the overall cash infrastructure.</p><p> </p><p>The Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available for free-to-use ATMs in the most deprived areas of the UK.</p> answering member constituency Salisbury answering member printed John Glen question first answered 14/05/2019 12:30:18 answering member 4051 label Biography information for John Glen
	tabling member	478 label Biography information for Lord Field of Birkenhead

1124170

	registered interest
	date	01/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that reductions in the interchange rate do not result in free ATMs becoming pay ATMs.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	249934
	answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249935 249936 249937 question first answered 08/05/2019 14:29:23 answering member 4051 label Biography information for John Glen
	tabling member	4124 label Biography information for Chi Onwurah

1124172

	registered interest
	date	01/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the effect on poorer households of recent increases in the number of free ATMs becoming pay ATMs; and if he will make a statement.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	249935
	answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249934 249936 249937 question first answered 08/05/2019 14:29:23 answering member 4051 label Biography information for John Glen
	tabling member	4124 label Biography information for Chi Onwurah

1124174

	registered interest
	date	01/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what discussions he has had with the Payment Services Regulator on the effect of changes to LINK rates; and whether he plans to re-impose interchange rates at LINK cost study levels.
	tabling member constituency	Newcastle upon Tyne Central
	tabling member printed	Chi Onwurah
	uin	249936
	answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>Last year, Government launched a Call for Evidence on Cash and Digital Payments in the New Economy. One part of the wide range of evidence collected detailed the changing levels of cash usage. Responses showed that, although the proportion of cash transactions is expected to fall over the next 10 years, cash remains important in the lives of many people and businesses across the UK. That’s why the Government is committed to supporting digital payments, whilst safeguarding access to cash for those who need it. The Government is engaging, and will continue to engage, with the regulators and industry on this important topic.</p><p> </p><p>The Government has not made an assessment of the effect on poor households of free-to-use ATMs becoming pay-to-use. However, the Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision, including those that are free-to-use. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 249934 249935 249937 question first answered 08/05/2019 14:29:24 answering member 4051 label Biography information for John Glen
	tabling member	4124 label Biography information for Chi Onwurah

1124310

	registered interest
	date	01/05/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure the continued provision of free cash withdrawals at ATMs.
	tabling member constituency	Hornsey and Wood Green
	tabling member printed	Catherine West
	uin	250016
	answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>The Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>The PSR has set out requirements of LINK, including that any cuts to interchange fees (the fees which fund free-to-use ATMs) must be incremental, with action taken by LINK where the impact is not as expected. Having implemented two of the four planned incremental reductions to the interchange fee, LINK has cancelled the third reduction and put on hold the fourth. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions. These adjustments gave the PSR further assurances that LINK is committed to making sure communities do not lose their free-to-use ATMs.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. LINK has also enhanced its Financial Inclusion Programme by tripling the funding available to ATMs in the most deprived areas of the UK and undertaken new financial support for ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/05/2019 14:34:54 answering member 4051 label Biography information for John Glen
	tabling member	4523 label Biography information for Catherine West

1111174

	registered interest
	date	10/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of cash withdrawal fees on small businesses that host ATM machines.
	tabling member constituency	Oxford West and Abingdon
	tabling member printed	Layla Moran
	uin	243569
	answer	answer is ministerial correction date of answer 15/04/2019 answer text <p>The Government-established Payment Systems Regulator (PSR) is closely monitoring developments within ATM provision. The PSR regulates LINK, the scheme which runs the UK’s ATM network and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.</p><p> </p><p>LINK cancelled its third interchange fee reduction, due in January 2020, and put on hold its fourth reduction, due in January 2021, pending further review. The PSR welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions.</p> answering member constituency Salisbury answering member printed John Glen question first answered 15/04/2019 11:21:25 answering member 4051 label Biography information for John Glen
	tabling member	4656 label Biography information for Layla Moran

1050198

	registered interest
	date	28/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect on the local economy of restricted access to free to use ATMs.
	tabling member constituency	Stoke-on-Trent North
	tabling member printed	Ruth Smeeth
	uin	213425
	answer	answer is ministerial correction date of answer 31/01/2019 answer text <p>Information on ATM numbers by Parliamentary Constituency is publicly available on the LINK website.</p><p> </p><p>LINK, the scheme that runs the UK’s ATM network, has committed to maintain the broad geographical coverage of the ATM network in the UK. The Government-established Payment Systems Regulator, which regulates LINK, is closely monitoring developments within ATM provision and has used its powers to hold LINK to account over its commitments.</p><p> </p><p>LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. Furthermore, LINK recently announced new additional premiums to safeguard the presence of free-to-use ATMs in remote and deprived areas.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 213424 question first answered 31/01/2019 16:09:19 answering member 4051 label Biography information for John Glen
	tabling member	4508 label Biography information for Baroness Anderson of Stoke-on-Trent

1046833

	registered interest
	date	23/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will seek clarity from LINK on planned future reductions to the ATM interchange fee; and if he will make a statement.
	tabling member constituency	Hornsey and Wood Green
	tabling member printed	Catherine West
	uin	211839
	answer	answer is ministerial correction date of answer 29/01/2019 answer text <p>The Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. Government is continuing to engage with the Payment Systems Regulator and industry, including LINK, on this issue.</p><p> </p><p>LINK has cancelled its third interchange fee reduction, due in January 2020, and put on hold its fourth reduction, due in January 2021, pending further review. The Payment Systems Regulator, who regulates LINK, has welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions.</p><p> </p><p>LINK has also recently announced new financial support for ATMs in remote and deprived areas.</p><p> </p><p>The Government is also committed to ensuring that individuals, regardless of their background or income, have access to useful and affordable financial products and services. That’s why the Government established the Financial Inclusion Policy Forum in November 2017 with a membership of leaders from across the financial services industry, charities and consumer groups. The Forum provides leadership and ensures collaboration across government and with the sector in tackling financial exclusion. The Forum meets bi-annually, with the next meeting due to take place on 26 March 2019.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 211840 question first answered 29/01/2019 16:27:57 answering member 4051 label Biography information for John Glen
	tabling member	4523 label Biography information for Catherine West

1043108

	registered interest
	date	17/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent discussions his Department has had with LINK on the interchange rate for ATMs.
	tabling member constituency	Stoke-on-Trent North
	tabling member printed	Ruth Smeeth
	uin	209838
	answer	answer is ministerial correction date of answer 25/01/2019 answer text <p>The Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. Government is continuing to engage with the regulators and industry, including LINK, on this issue.</p><p> </p><p>LINK has cancelled its third interchange fee reduction, due in January 2020, and put on hold its fourth reduction, due in January 2021, pending further review.</p><p> </p><p>The Payment Systems Regulator, who regulates LINK, has welcomed these adjustments, having stated that LINK must carefully review its decisions on interchange fees to reflect changing market conditions.</p> answering member constituency Salisbury answering member printed John Glen question first answered 25/01/2019 11:31:06 answering member 4051 label Biography information for John Glen
	tabling member	4508 label Biography information for Baroness Anderson of Stoke-on-Trent

971386

	registered interest
	date	10/09/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Cash Dispensing: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential merits of introducing legislative proposals to remove ATM charges.
	tabling member constituency	Blackburn
	tabling member printed	Kate Hollern
	uin	172544
	answer	answer is ministerial correction date of answer 13/09/2018 answer text <p>The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. Government has been engaging and will continue to engage with the regulators and industry, including LINK, to ensure that it is maintained.</p><p> </p><p>To ensure the provision of ATMs in rural, isolated or vulnerable areas, LINK announced it will enhance its financial inclusion plan to include in the programme all ATMs that are a kilometer or further from the next other free-to-use ATM. Around 80% of the ATM network is free-to-use and 97% of all ATM transactions are conducted on free-to-use ATMs.</p><p> </p><p>The Government has made no formal assessment of the effects of banning ATM charges, but is closely monitoring developments within the UK’s ATM network, as is the Payment Systems Regulator (PSR). The Government established the PSR in 2015 with a statutory objective to ensure that the UK’s payment systems work in the interests of their users.</p><p> </p><p>The PSR have set out three requirements of LINK: that LINK must maintain the current geographical spread of ATMs; that any changes made to ATM interchange fees must be incremental to allow LINK to monitor the impact and take action if the impact is not as expected; and for a greater focus on LINK’s financial inclusion programme, to continue to fill gaps in the network.</p><p> </p><p>The PSR has committed to using its powers to act should LINK behave in a way that conflicts with its statutory objectives and recently announced it would direct LINK to fully develop its policies for meeting its commitments.</p> answering member constituency Salisbury answering member printed John Glen question first answered 13/09/2018 14:48:58 answering member 4051 label Biography information for John Glen
	tabling member	4363 label Biography information for Kate Hollern