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The number of cashpoints available have significantly decreased across the country, despite withdrawals increasing by 20%. At the end of last year more than 40% of ATMs were shut since 2008. The town of Windsor has just one 24-hr ATM machine left.
LINK’s Chief Executive John Howells speaks to Phil Gayle on First Edition to discuss whether the UK is ready to go cashless and the Government's response to the loss of High Street banks.
John Howells says: “We need to protect cash, we are nowhere near ready to go cashless” adding that “once you lose the branches, it is 10 times harder to bring them back.”
#cash #banks #windsor
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