Jenni Allen, Managing Director of Which? Money, said:
“The rate at which free-to-use cashpoints are closing is alarming and it is clear that LINK is failing on its commitment to protect access to cash for people in remote and rural areas who need it most.
“The regulator was warned that these changes to the ATM network could have severe consequences for communities, businesses and millions of people who rely on cash, yet it waved them through without proper scrutiny.
“The PSR must now urgently intervene to stop further closures and ensure that no more consumers are suddenly stripped of their access to cash.”