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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Cash use rises amid bank closures and cost of living crisis, says Post Office

Person taking new £10 notes from wallet
The Post Office said personal cash withdrawals at its branches totalled £805m in August. Photograph: Purple Marbles/Alamy

The Post Office handled a record of almost £3.5bn in cash for customers in August, against a backdrop of bank branch closures and the cost of living crisis.

The £3.45bn in cash crossing Post Office counters in August was the highest total since it began recording volumes it handles through its 11,500 local branches five years ago. August is traditionally a quieter month for cash transactions at its branches.

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