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Payment Methods

Question for Treasury

UIN 904252, tabled on 14 May 2025

To ask the Chancellor of the Exchequer, what steps she is taking to support the ability of people to make payments in cash.

Answered on

20 May 2025

The government recognises that cash continues to be an important method of payment for people.

The Financial Services and Markets Act 2023 gives the FCA responsibility and powers to protect access to cash.

They have since introduced rules to protect access to cash, which will also support the ability of consumers and businesses to continue to transact in cash.

Answered by

Treasury
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.