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Written question asked by Jim McMahon (Labour) on Friday, 21 November 2025, in the House of Commons. It was due for an answer on Tuesday, 25 November 2025. It was answered by Lucy Rigby (Labour) on Monday, 1 December 2025 on behalf of the Treasury.

Retail Trade: Money

Question

To ask the Chancellor of the Exchequer, what estimate her Department has made of the number and proportion of retail businesses that only accept cash.

Answer

The Government recognises that cash continues to be used by millions of people across the UK, including those in vulnerable groups, and is committed to protecting access to cash for individuals and businesses.

The Financial Conduct Authority (FCA) assumed regulatory responsibility for access to cash in September 2024. Its rules ensure cash continues to be a viable method of payment for the millions of people who depend on it and help businesses to continue to accept cash by providing reasonable access to cash deposit facilities.

It is for each business to decide on the forms of payment it chooses to accept. This will be based on a variety of factors, including cost and customer preferences. The Government does not hold data on the number and proportion of businesses who only accept cash.

Secondary information

Type
Written question
Reference
93406
Session
2024-26
Transferred
Yes
Subjects
Money Retail trade
Link
View this Written question on www.parliament.uk