Which? comments on FCA’s response to TSC’s Access to Financial Services report

Jenny Ross, Which? Money Editor, said:
“The regulator urgently needs to act on the committee’s calls to prevent people across the UK from being stripped of their ability to use cash to pay for everyday essentials.

“Following widespread bank branch and cash point closures, and with digital payment methods still proving vulnerable to failure, regulators and the government must move quickly to protect the millions of people who still rely on cash – with legislation if necessary.”