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Report
Cash makes a comeback in the spending habits of UK shoppers
National World - LocalTV
Follow
12/12/2024
The British Retail Consortium says one in five purchases were made with notes and coins as people turned to cash to help them stick to their budgets.
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News
Transcript
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00:00
The use of cash in shops has gone up for the second year in a row, breaking a decade-long
00:07
decline.
00:08
The British Retail Consortium says one in five purchases made last year were made with
00:12
notes and coins, as people turned to cash to help them stick to their budgets.
00:17
Charities are worried that more and more places refusing to take cash is shutting some people
00:21
out.
00:22
Older people and those with mental health struggles are being left behind, say some
00:26
charities.
00:27
Some people find cash easier to use, especially if they're not comfortable with digital payments
00:30
or technology.
00:32
Without cash, some might lose access to everyday services they depend on.
00:36
The issue goes beyond shops.
00:38
Charities say cash is no longer accepted in lots of places, from leisure centres and parking
00:42
meters to cafes and public transports.
00:44
Even with these challenges, the British Retail Consortium says all major retailers are still
00:49
committed to taking cash, ensuring it remains an option for those who need it most.
00:54
But what about you?
00:55
Do you use cash when shopping, and do you think it's still an important payment option?
00:59
And should businesses continue to accept cash, or is a move to a cashless society inevitable?
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