Post Office responds to UK Finance commitments to supporting cash
Responding to UK Finance and major retail banks and building societies announcing five commitments to continue to preserve access to cash for consumers and businesses over the long term, Martin Kearsley, Director of Banking at Post Office said:
“Post Office is central to the existing provision of cash in communities nationwide, therefore it is vital that we participate in this action group as we do in all others to tackle the need for long-term, free access to cash in this country.
“However, industry on its own has had long enough to take action. Previous industry groups have been ill-equipped and unsuccessful in bringing meaningful change to the crisis at hand. Government must take action now, to bring forward legislation to protect the future of cash, monitor its effective support through regulatory oversight, and prevent millions from being cut off.”
