Hold the Fanfare! It’s HM Treasury which will Decide the Fate of Cash!
Posted on: 05/07/2023The Royal Assent of the Financial Services and Markets Bill gives HM Treasury tremendous power to decide the fate of cash.
What we know so far about the Treasury plans is NOT reassuring.
For example, one ATM in a community of 30,000 people is set to be declared “reasonable” by the Treasury.
It is NOT.
And the Payment Choice Alliance will be making that VERY clear to Chancellor Hunt and his team.
Watch this space!
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