Advanced

PARLIAMENTARY WRITTEN QUESTION
Money: Coronavirus (11 November 2020)

Question Asked

To ask the Chancellor of the Exchequer, what assessment his Department has made of the difficulties faced by people who primarily use cash during the covid 19 outbreak.

Asked by:
Nadia Whittome (Labour)

Answer

The Government remains closely engaged with the financial regulators, including through the Treasury-chaired Joint Authorities Cash Strategy Group, to monitor and assess risks around cash relating to COVID-19.

The Government recognises that widespread access to cash remains extremely important to the day-to-day lives of many individuals across the UK. That is why the Chancellor announced at the March 2020 Budget that the Government will bring forward legislation to protect access to cash and ensure that the UK’s cash infrastructure is sustainable in the long term. The Government published a Call for Evidence on 15 October to inform the development of this legislation.


Answered by:
John Glen (Conservative)
16 November 2020

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.