POLL: Are you worried about the UK becoming a cashless society?

World News

Prime Minister Rishi Sunak has rejected a Tory MP’s call for shops to be made to accept cash payments, affecting some 5.4 million Britons who still rely on physical money.

Speaking at Prime Minister’s Questions this week, Newton Abbott MP Anne Marie Morris asked whether establishments serving the public should be mandated to accept cash. 

She cited research conducted by LINK, the UK’s largest cash machine network, which revealed 45 percent of Britons have been somewhere where cash has not been accepted or discouraged.

Mr Sunak rejected her plea, responding: “We know that cash continues to be used by millions of people, particularly those in vulnerable groups. That is why the Financial Services and Markets Bill will, for the first ever time, protect people’s access to cash in UK law.”

But he continued: “The Bill also supports businesses that continue to accept cash by ensuring reasonable access to deposit facilities, but as technology and consumer behaviour changes, it is right that organisations themselves should be able to choose the forms of payment that they will accept.”


Speaking about the impact of losing access to physical money, Dennis Reed, director of Silver Voices over-60s campaign group, said: “We get regular reports from members that they are finding it difficult to access and spend cash. It’s another isolating factor for older people and it’s of great concern.”

Card and digital payments have been the most popular form of transaction in retail since 2016 with just 15 percent of transactions being made in cash in 2021.

So what about YOU? Are you worried about the UK becoming a cashless society? Vote in our poll and leave your thoughts in the comment section below. 

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