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<p>The Government recognises that cash remains an important part of daily life for
millions of people across the UK, and remains committed to legislating to protect
access to cash.</p><p> </p><p>From 1 July to 23 September last year, the Government
held the Access to Cash Consultation on further proposals for new laws to make sure
people only need to travel a reasonable distance to pay in or take out cash. The Government’s
proposals intend to support the continued use of cash in people’s daily lives and
help to enable local businesses to continue accepting cash by ensuring they can access
deposit facilities.</p><p> </p><p>The Government received responses to the consultation
from a broad range of respondents, including individuals, businesses, and charities.
The Government has carefully considered responses to the consultation and will set
out next steps in due course.</p><p> </p><p>More broadly, the government wants to
ensure that people have appropriate access to financial services, and recognises the
importance of appropriate access to banking. Options for access can be via fixed and
mobile bank branches, telephone banking, through digital means such as mobile or online
banking, and the Post Office. The Post Office Banking Framework allows 99% of personal
banking and 95% of business banking customers to deposit cheques, check their balance
and withdraw and deposit cash at 11,500 Post Office branches in the UK.</p><p> </p><p>Following
the Government’s commitment to legislate to protect access to cash, firms are working
together through the Cash Action Group to develop new initiatives to provide shared
services including bank hubs. The Government welcomes the direction set by industry’s
commitments at the end of last year and looks forward to seeing what results they
deliver in protecting cash facilities for local communities across the UK.</p>
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