Shoppers Increasingly Return to Cash as a Budgeting Tool, Retailers Report
Retailers report a resurgence in cash use, with notes and coins accounting for 20% of transactions last year, the British Retail Consortium (BRC) revealed. This trend follows a decade of decline, as many shoppers are finding that cash helps them budget more effectively amid rising living costs. Charities highlighted concerns over the exclusion of vulnerable groups, such as those in abusive relationships and individuals with disabilities, from essential services moving to cashless operations. The BRC emphasized its commitment to accepting cash in all large retail stores.