In the News

Covid-19 speeds up the decline of cash

Ollie Gardner

19th January 2021

An increasing number of businesses are turning cashless as a result of the pandemic and the closure of many local bank branches.

Consumer groups, such as Which?, are concerned that Covid-19 is speeding up the decline of cash. A Which? survey suggests that there are over 10 million UK consumers, mostly made up of elderly and vulnerable individuals, who rely on cash to go about their daily lives.

Ollie Gardner

Ollie is a new economics teacher at an academically selective school having previously worked in the healthcare technology industry.

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.