Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will instruct the Joint Authorities Cash Strategy Group to undertake a review of the effect of the covid-19 outbreak on access to cash.

The Government recognises that cash is extremely important to individuals and businesses across the UK. That is why, at the March 2020 Budget, the Chancellor announced that the Government will bring forward legislation to protect access to cash.

The Joint Authorities Cash Strategy (JACS) Group brings together HM Treasury, the Payment Systems Regulator, Financial Conduct Authority and Bank of England to ensure that the regulatory oversight and activity supports an end-to-end cash infrastructure that remains resilient, cost effective, sustainable and can meet the needs of users.

The members of the Group continue to engage closely to monitor latest trends, including the impact of COVID-19. The Group will publish an update on its activities in due course.