Poor across UK losing free cash machines, richer parts of country still enjoy free cash
Topics: CASH MACHINE UK BRITAIN ENGLAND BRITISH
Research carried out by watchdog Which? found cash machines are vanishing more quickly in deprived areas compared to affluent ones, despite less well-off communities being more reliant on cash.
The analysis showed nearly one in 10 (9%) free cash points across the country had closed or switched to fee-paying during a 17-month period, after changes to how the network is funded were set out.
Poorer communities have been hardest hit by the changes, meaning those who can least afford to pay for withdrawals facing charges or being forced to travel to access money for free.
Figures showed that the most deprived areas saw a reduction of 979 free-to-use machines, compared to the least deprived areas loosing just 223.
The campaign group have written to Chancellor of the Exchequer Sajid Javid, calling on the government to take action to guarantee people’s ability to access and pay with cash. ■