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1248528
registered interest false more like this
date remove filter
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 Cash Dispensing more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what steps they are taking to ensure the future of cash machine networks in the UK. more like this
tabling member printed
Lord Goodlad more like this
uin HL9914 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-11-17more like thismore than 2020-11-17
answer text <p>The Government recognises that cash remains important to millions of people across the UK, which is why it has committed to legislate to protect access to cash and to ensure that the UK’s cash infrastructure is sustainable in the long term.</p><p> </p><p>To inform the development of this legislation, the Government published a Call for Evidence on 15 October seeking views on the key considerations associated with cash access, including deposit and withdrawal facilities, cash acceptance, and regulatory oversight of the cash system.</p><p> </p><p>Alongside the development of legislation, LINK, the scheme that runs the UK’s largest ATM network, has existing arrangements in place to protect free-to-use ATMs that do not have another free-to-use ATM or Post Office within 1 kilometre. LINK’s members have also made £5 million available to fund ATMs at the request of communities with poor access to cash. The Government established the Payment Systems Regulator, which has powers to regulate LINK, the scheme that runs the UK’s largest ATM network. The Payment Systems Regulator is holding LINK to account over their commitments to protect the broad geographic spread of free-to-use ATMs.</p>
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-11-17T15:36:14.353Zmore like thismore than 2020-11-17T15:36:14.353Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
670
label Biography information for Lord Goodlad more like this