Cash use in the shops rose for a second year in a row after a decade of falls, according to retailers. Notes and coins were used in a fifth of transactions last year, the British Retail Consortium (BRC) said, as shoppers found cash helped them to budget better.

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Norwich

Norfolk

England

United Kingdom

Cash use increased for the second year in a row in 2023, say retailers

Notes and coins used in a fifth of transactions, say retailers - a second consecutive annual rise.

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BBC News

Government of the United Kingdom

Shoppers increasingly using cash to budget

Cash accounted for nearly a fifth of transactions in 2023, with people making smaller purchases, the British Retail Consortium said.

The Independent

Evgeny Lebedev

London

Greater London

The British Retail Consortium (BRC) recorded a rise in the use of cash for the second year in a row, accounting for one in five transactions in 2023

Daily Mirror

Reach plc

THE use of cash has grown for the second year in a row, amid worries that more businesses are refusing to accept notes and coins. Cash was used in 19.9 per cent of all UK transactions in 2023 — up from 18.8 per cent the previous year, according to British Retail Consortium figures. GettyUse of cash is growing – amid concerns businesses are refusing to accept notes and coins[/caption]
The increase is a shift from a long-running trend of people sw…

The Sun

Murdoch family

Use of cash is growing amid worries firms are refusing to accept notes and coins

Shropshire Star

MNA Media

Ketley

Shropshire

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Cash use has risen for the second year in a row and continues to play a crucial role in people’s budgeting amid cost-of-living pressures, new data suggest.
Last year, 19.9 percent of transactions used cash as a form of payment, an increase from 18.8 percent in 2022.
A report published by the British Retail Consortium (BRC) on Thursday said that a sizeable minority of the population sees cash as a “a vital form of payment.”
“Persistent inflation …

The Epoch Times

Epoch Media Group

New York

United States

Cash Use on the Rise for 2nd Year in a Row

Debit and credit cards account for most transactions

Stoke Sentinel

Stoke-on-Trent

Cash used in one-fifth of all transactions as debit card remains king

Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.

Cash use increased for the second year in a row in 2023, say retailers

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