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Cash Dispensing

Treasury written question – answered on 11th February 2020.

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Photo of Peter Kyle Peter Kyle Labour, Hove

To ask the Chancellor of the Exchequer, what steps he is taking to ensure access to cash is maintained in (a) Brighton and Hove and (b) England.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Government is committed to supporting digital payments while safeguarding access to cash for those who need it across the UK.

To support this, the Government has launched the Joint Authorities Cash Strategy (JACS) Group – which is chaired by HM Treasury and brings together the Payment Systems Regulator, Financial Conduct Authority and Bank of England – to ensure a comprehensive oversight of the UK’s overall cash infrastructure.

The Government-established Payment Systems Regulator regulates LINK, the scheme that runs the UK’s largest ATM network, and is holding LINK to account over their commitments to maintain the broad geographic spread of free-to-use ATMs.

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