Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to his Department's news story of 3 May 2019, Cash here to stay as government commits to protecting access, if he will publish the remit of the Joint Authorities Cash Strategy Group.

As part of our response to the Call for Evidence on access to cash, the Government announced that the Treasury would set up and chair the Joint Authorities Cash Strategy (JACS) Group.

The Group brings together the Bank of England, Payments Systems Regulator and Financial Conduct Authority. This was in recognition of the need to ensure joined-up oversight of the UK’s cash infrastructure, in light of the changing behaviours and preferences of consumers and businesses.

The Group will coordinate strategy across members, to ensure that the roles and responsibilities of each regulator remain clear and relevant, and that the effects of regulatory activities are evaluated across the full end-to-end cash system. The Group does not affect the statutory responsibilities of individual regulators.

The Group is up and running and further details of its activities will be announced in due course.