News Archive 2024

A great debate in The Times! Big “thank you” to Jessica Sharkey for organising it - and finding someone brave/foolish enough to argue that shops should NOT have to accept cash! Anyway, cash - and the public - WON! 71% of those Times readers responding had by last Friday voted “YES”, which is exactly the same percentage that responded “Yes” to the same questio....

Ron Delnevo discusses with the BBC’s Clare McDonnell why cash use is going up and why cash remains an important payment option for over 45 Million adults in the UK. Source: youtube.com/watch?v=6J5MoJCy2aM

This article urges communities to apply for a “Banking Hub”? Leaving aside that there is no specification approved by the Financial Conduct Authority as to what services a “Banking Hub” must provide - as highlighted by MP Harriett Baldwin at last weeks Treasury Committee Cash Acceptance Inquiry- why not use a simpler method? There are 1200 communities in the UK with popul....

PCA Chair Ron Delnevo was on the BBC again the other day, this time speaking to Phil Mercer on Radio Berkshire about how the county has lost so many cash access points, including ATMs and post offices. Windsor now has no bank branches, with the Nationwide Building Society - a Mutual - the only financial services branch footprint, in a town with over 30,000 residents and visited by millions of tou....

Research like this is really very silly. Until the invention of the “Charge Card” in 1950 - created because some American guy was embarrassed his wife had to pay for a meal - everybody paid by cash or cheque. Just 75 years ago, compared to the history of cash use, which goes back more than 2500 years. Everybody was paid in cash in those days. Employers weren’t trying to avoid ....