Kate Osborne, the Labour MP for Jarrow and Gateshead, Talks to the PCA About the Importance of Cash, Payment Choice - and Banking Hubs
Tue Mar 25 2025
Kate Osborne is a great supporter of cash, Payment Choice - and Banking Hubs. None of this is surprising.
Kates constituency has over 70,000 registered voters, many of whom need or want to use cash. They are part of the huge group of over 40 million voters who are demanding that a UK law is put in place in 2025, to guarantee their right to use their cash, when and where they choose.
When it come....
Being Able To Choose Cash Is Vital For The Public AND Businesses!
Mon Mar 24 2025
Very interesting study, commissioned by the Deutsche Bundesbank.
A quote:
“The findings indicate that from the consumer perspective in Germany, the costs of cash and that of the most cost-effective cashless alternative are similar. This means people in Germany can choose between paying in cash or by card depending on their preferences.”
Sadly, the final sentence is NOT correct, UNLE....
A quote from this Daily Mirror article:
“However, Full Fact clarifies that legally, shops have the right to refuse cash payments, if they choose to do so.”
Correct.
Which is why, as also reported in the article, the Payment Choice Alliance is calling for new UK legislation obliging shops and other businesses to accept the publics cash.
This would give the British public the same gu....
A lady in Selkirk in the Scottish Borders saying she had to travel 10 miles to get cash -a twenty mile round trip.
A shopkeeper determined not to be forced to accept cards, even though his customers are struggling to access cash.
Only one 24/7 ATM servicing the needs of the town - and, hardly surprisingly, it often runs out of cash.
All the towns bank branches and main post office have been clo....
Thanks to Jon Ungoed-Thomas at the Observer for this excellent coverage of the issues - and to Kate Osborne MP for highlighting the impact on her constituents and many others.
When PM Keir Starmer is pulling together meetings with his fellow European leaders, as he needs to do frequently in these troubled times, he might reflect on the fact that so many of them have taken steps to compel business....
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