Half of Britons Faced Cash Payment Issues Last Year, But Government Won't Mandate Cash Acceptance

Despite half of Britons experiencing cash payment difficulties last year, the UK government will not mandate cash acceptance for businesses. (Credit: Pexels)

Despite concerns that millions still depend on cash, the UK government has confirmed it will not force businesses to accept it.

On 28th January, Economic Secretary to the Treasury Emma Reynolds told the Treasury Committee that there are 'no plans to regulate businesses to compel them to accept cash, big or small.'