Cash Dispensing: Fees and Charges

(asked on 26th February 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions he has had with Cabinet colleagues on the reduction in the number of free cash machines.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 3rd March 2020

In line with the practice of successive administrations, details of ministerial discussions are not normally disclosed.

Treasury ministers and officials have meetings with a wide variety of organisations in the public and private sectors, including banks, as part of the process of policy development and delivery.

The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK.

The Payment Systems Regulator (PSR) regulates LINK, the scheme that runs the UK’s largest ATM network. The PSR has used its powers to hold LINK to account over its commitments to protect the broad geographic spread of free-to-use ATMs in the UK.

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