Although the use of cash has declined over recent years, around 3.1 million people in the UK still rely almost entirely on cash as a form of payment.
The House of Commons Treasury Select Committee is currently holding an inquiry into the acceptance of cash in the economy.
The inquiry is looking into whether there is a need in the UK to regulate or mandate the acceptance of physical cash in the form of notes and coins. The inquiry will consider any need for legislation and/or regulation, and potential costs to consumers and businesses.
To feed into the Committee’s work, Bradley is gathering the views of his constituents which he will submit as evidence to support the inquiry.
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