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Cash Machines

Treasury written question – answered on 27th October 2005.

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Photo of Philip Hammond Philip Hammond Shadow Chief Secretary to the Treasury

To ask the Chancellor of the Exchequer what recent assessment he has made of the effect of the increase in the numbers of fee-charging cash machines on low income households.

Photo of Ivan Lewis Ivan Lewis The Economic Secretary to the Treasury

Work is under way through the Financial Inclusion Taskforce to explore how the financially excluded access their cash and transmit money. Among other things, this work will identify the extent to which fee-charging ATMs are disproportionately used by the financially excluded. The results of this work are due next year.

In addition, the Treasury continues to maintain regular contact with Link to discuss issues relating to the ATM market and to keep up to date with any developments.

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