Article 64J7E Cash use rises amid bank closures and cost of living crisis, says Post Office

Cash use rises amid bank closures and cost of living crisis, says Post Office

by
Mark Sweney
from World news | The Guardian on (#64J7E)

Britons finding it easier to manage budgets and monitor spending using notes and coins

The Post Office handled a record of almost 3.5bn in cash for customers in August, against a backdrop of bank branch closures and the cost of living crisis.

The 3.45bn in cash crossing Post Office counters in August was the highest total since it began recording volumes it handles through its 11,500 local branches five years ago. August is traditionally a quieter month for cash transactions at its branches.

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