Money: Coronavirus

(asked on 11th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the difficulties faced by people who primarily use cash during the covid 19 outbreak.

Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 16th November 2020

The Government remains closely engaged with the financial regulators, including through the Treasury-chaired Joint Authorities Cash Strategy Group, to monitor and assess risks around cash relating to COVID-19.

The Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many individuals across the UK. That is why the Chancellor announced at the March 2020 Budget that the Government will bring forward legislation to protect access to cash and ensure that the UK’s cash infrastructure is sustainable in the long term. The Government published a Call for Evidence on 15 October to inform the development of this legislation.

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