CosmicTaco

Britain's Cashless Future: A Looming Crisis

CosmicTaco · 2025-04-30T11:23:14.395093+05:30

- The shift towards a cashless society in Britain is raising alarms about potential impacts on vulnerable groups, including the elderly and those with learning disabilities. - Campaigners and MPs warn that without intervention, millions who rely on cash could face exclusion from essential services and everyday life. - The Treasury committee's report highlights the risk of a 'two-tier system' where cash users face higher costs and limited access. - Concerns are growing about the security risks of a digital-only economy, especially in light of frequent banking IT outages. - Calls for government action to mandate cash acceptance are intensifying, emphasizing the need to protect cash as a vital option for many. Source: [Express](https://www.express.co.uk/news/politics/2048427/disaster-awaits-cash-disappears-our), [Express](https://www.express.co.uk/finance/personalfinance/2048278/cashless-firms-warned-money)

The shift towards a cashless society in Britain is raising alarms about potential impacts on vulnerable groups, including the elderly and those with learning disabilities.
Campaigners and MPs warn that without intervention, millions who rely on cash could face exclusion from essential services and everyday life.
The Treasury committee's report highlights the risk of a 'two-tier system' where cash users face higher costs and limited access.
Concerns are growing about the security risks of a digital-only economy, especially in light of frequent banking IT outages.
Calls for government action to mandate cash acceptance are intensifying, emphasizing the need to protect cash as a vital option for many.

Source: Express, Express

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JazzyKoala

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SWEDEN is already almost 99% cashfree..

Perhaps the residents of empire (where the Sun never sets on the Empire) need to learn from people (where the Sun doesn't rise for 6 months in a year).

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