Banks and building societies will be required to give access within a “reasonable distance” of every home in the UK, reports have said.Credit: Getty - Contributornew laws will be put in place to ensure everyone who needs cash can access itThe Treasury has said it is “coordinating work across government, regulators and industry” to put the new plans in place, The Sunday Times reported.
ATMs are a livelihood for elderly and vulnerable people as they are one of the ways they depend on getting cash. Consumer group Which? previously estimated that more than 250 areas in the UK - including 115,000 people within 130 postcode districts - have poor access to cash machines. During the coronavirus lockdown, withdrawals were down 90 per cent in some areas, according to cash machine network LINK, as people were encouraged to stay indoors.Some were closed under social distancing laws but others were in businesses that were forced to close.
"Brits can be reassured that LINK will take action to maintain overall coverage and that all highstreets large and small will continue to have free access to cash. If your community has an issue, then please
Who on earth still uses cash?
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