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.
More than a third of UK shoppers blocked from paying with cash in Covid-19 crisis https://t.co/Njcg8VQA7r
— Guardian Money (@guardianmoney) January 19, 2021
You might also like
Monetary Policy - Managing Demand
Study Notes
What is Money
21st September 2015
Is Bitcoin real money?
Study Notes
Financial Economics - Introduction to Money and Finance
Teaching PowerPoints
Should we worry about the death of cash?
13th June 2017
De-Monetisation
Study Notes
1.1.5 Functions of Money (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
Daily Email Updates
Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.
Signup for emails