MAJOR BOOST TO THE CAMPAIGN FOR A RURAL STRATEGY:
The Independent Food, Farming & Countryside Commission hosted by the RSA in its report launched on Tuesday 16th July ‘Our Future in the Land’ has added its voice to the calls by the RSN and the House of Lords Select Committee for a comprehensive Rural Strategy (more to follow)
It comes after Which? found that 25,000 cash machines were lost during the second half of 2018. A separate report, published in December, found that eight million people in the UK still rely on cash, about 17 per cent of the UK population.
Ten years ago, cash was used for six out of every ten payments, but today that number has dropped to one in three transactions.
Mike Cherry, national chairman of the Federation of Small Businesses, said: ‘With our cash infrastructure increasingly under attack, it’s time for a regulator to be given explicit responsibility for protecting access to notes and coins. Otherwise we risk drifting into a cashless environment that we’re simply not ready for yet’.
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