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Gov’t Must Probe Why Shops Are Refusing Cash, MP Says

Law360, London (May 3, 2019, 12:46 PM BST) -- The chairwoman of an influential parliamentary committee has urged the government to investigate why more shops are accepting only card payments as it was announced on Friday that a task force is being set up to “safeguard the future of cash.”

Nicky Morgan, who steers the House of Commons Treasury Committee, called on HM Treasury on Friday to find out why some shops and other services are no longer accepting cash payments. Morgan suggested that the government’s finance department should introduce legislation to help prevent vulnerable people from losing access to financial services.

“Some firms’ insistence on the use of non-cash...

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