Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to support the ability of people to make payments in cash.

The government recognises that cash continues to be an important method of payment for people.

The Financial Services and Markets Act 2023 gives the FCA responsibility and powers to protect access to cash.

They have since introduced rules to protect access to cash, which will also support the ability of consumers and businesses to continue to transact in cash.