bbc.com

Shoppers Turn to Cash as Budgeting Aid in Response to Economic Pressures

Retailers report a resurgence in cash transactions, now accounting for 20% of all purchases, as shoppers increasingly turn to cash for budgeting amid rising living costs. This trend comes alongside warnings from charities about the exclusion of vulnerable groups from essential services that have transitioned to cashless operations. Advocates emphasize the importance of cash access for individuals in difficult situations, such as those in abusive relationships or those lacking digital literacy. The British Retail Consortium highlights that large retailers remain committed to accepting cash.

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