25M Brits would struggle in a cashless society

The UK could become a cashless society in the next 15 years, but nearly half of Britain – or 25 million people – would struggle without access to cash, according to a new report. has done a large amount of research into the rapid decline of access to cash, both through the shrinking ATM network and rapid pace of bank branch closures. Money expert said: ‘The stark findings in this report back up our own research, which has shown that bank branch and ATM closures could be contributing to a risk that millions of people are cut off from access to cash – with the most vulnerable members of society hit hardest.

Source: www.which.co.uk