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French Minister Dials Back Suggestion to Get Rid of Cash to Fight Drug Dealing

  • UK groups and experts have highlighted challenges posed by the shift from cash to digital payments as bank branches continue closing rapidly in 2025.
  • This move stems from widespread branch closures that force customers to switch to online banking despite many lacking digital access or skills.
  • Campaigners emphasize that cash remains essential for privacy, budgeting, financial literacy, and for vulnerable groups such as older people and abuse survivors.
  • Nationwide reported a 10% rise in ATM cash withdrawals to 32.8 million in 2024, while 50% of UK adults faced cash payment issues last year, showing ongoing cash demand.
  • These trends suggest the government and services must maintain cash accessibility and support digital inclusion to avoid excluding those facing digital poverty.
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The Big Issue broke the news in on Friday, May 23, 2025.
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