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Evening Standard
Evening Standard
Business
Ben Ramanauskas

We should scrap cash. It is holding our country back

A short-sighted campaign has begun to save cash. It certainly has some high profile backers including Jacob Rees-Mogg and Nigel Farage. A petition was signed and delivered to Number 10 which prompted a supportive statement from the Treasury.

While the campaign might be popular in some quarters, this does not make it right. Rather than try to save cash, we should be trying to speed up its demise starting with 1p and 2p coins.

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