Cash Dispensing

Treasury written question – answered on 28th April 2020.

Alert me about debates like this

Photo of Chris Elmore Chris Elmore Opposition Whip (Commons), Shadow Minister (Scotland)

To ask the Chancellor of the Exchequer, what steps he is taking to support the ATM industry during the covid-19 outbreak.

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

The Government has announced unprecedented support for public services, workers and businesses to protect against the current economic emergency. The Government is monitoring the impact measures are having and keeps all policies under review.

To ensure that people continue to be able to access their cash during the Covid-19 outbreak, the Government continues to work closely with the cash industry and regulators.

LINK has existing commitments to protect free-to-use ATMs that are 1 kilometre or further from the next free-to-use ATM or Post Office, and several of its members have recently pledged to replace these protected ATMs should they close in the next 12 months.

The Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.