Cheques

(asked on 13th December 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent discussions he has had with UK Finance on the future of the cheque; and if he will make a statement.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 16th December 2021

Cheques remain an important part of the UK’s payments landscape and, whilst there has been a decline in cheque volumes, they continue to be used by many individuals, businesses, and charities. In order to secure the future of cheque usage in the UK, HM Treasury introduced legislative measures in 2015 to allow UK banks and building societies to introduce ‘cheque imaging’. Cheque image clearing allows a digital image of a cheque to be sent for clearing, rather than the paper cheque itself.

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

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