Let’s Hear The FULL Facts About British Cash Use!

The figures in this article in the Daily Mail/ This Is Money simply highlight the lack of clear information about cash in the UK.

A couple of quotes:

“Nationwide revealed cash withdrawals from its ATMs hit £4.2 billion in 2025”

and

“ ..this decline in cash machines means that the overall amount being withdrawn is actually falling.

Fresh figures from the ATM network LINK show that in 2025, Britons withdrew £76.7 billion from LINK ATMs…”

The problem with clarity is that not all of the £4.2 billion cash withdrawal figure reported by Nationwide Building Society is included in the £76.7 billion figure reported by LINK Scheme Ltd.

The reason?

Withdrawals by Nationwide customers at Nationwide ATMs do not go through LINK.

And the same applies to ANY withdrawal by a bank or building society customer using their own bank or building societies ATMs.

The reality?

It is impossible to tell from LINKs figures if the total amount of cash withdrawn via ALL channels by the British public in 2025 has gone UP or Down.

This isn’t the fault of reporter Ed Magnus at the Daily Mail.

It is confusion caused by the regulator, the Financial Conduct Authority, not insisting that the UK Financial Services industry produces comprehensive cash withdrawal information.

This failure allows the anti-cash factions in the UK Financial Services industry to more or less paint any picture they want in terms of cash use.

This MUST change in 2026!

Source: thisismoney.co.uk/money/saving/article-15436559/amp/Britons-relying-cash-reveals-Nationwide.html