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1223890
registered interest false more like this
date less than 2020-07-13more like thismore than 2020-07-13
answering body
Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Money more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the number of people in (a) St Helens North constituency, (b) the North West and c) the UK for whom cash is their primary payment method. more like this
tabling member constituency St Helens North more like this
tabling member printed
Conor McGinn more like this
uin 72975 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2020-07-16more like thismore than 2020-07-16
answer text <p>The Government recognises that cash remains important for many individuals and businesses across the UK. That is why, at the March 2020 Budget, the Chancellor announced that the Government will bring forward legislation to protect access to cash for those who need it.</p><p> </p><p>The Government is engaging with the financial regulators, including through the Joint Authorities Cash Strategy Group, to monitor the impact of COVID-19 on the UK’s cash infrastructure and ensure that those who rely on cash to transact can continue to do so in the long-term. The Financial Conduct Authority and Payment Systems Regulators are developing a comprehensive picture of cash access infrastructure across the UK in relation to social economic factors that reflect consumer needs, building upon their mapping work carried out during the COVID-19 crisis.</p><p> </p><p>LINK, the UK’s main ATM network, publishes the annual total of free-to-use ATMs across the UK since 1998 online. As of 2019, there were 45,000 free-to-use ATMs in the UK; although this is less than the peak number in 2017, this remains 13% higher than a decade ago. LINK’s Monthly ATM Footprint Report also publishes information monthly on the break down by constituency.</p><p> </p><p>During the COVID-19 outbreak, financial services firms have announced a range of measures to support vulnerable customers. We are working with the Financial Conduct Authority to ensure there is continued support for these people. For example, many firms have methods for trusted third parties to access cash. Anyone with questions should contact their banking service provider.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
grouped question UIN
72976 more like this
72977 more like this
question first answered
less than 2020-07-16T09:46:00.83Zmore like thismore than 2020-07-16T09:46:00.83Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4458
label Biography information for Conor McGinn remove filter