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United Kingdom · Question · Written question

UIN 202551

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answeredUnited Kingdom· UK Parliament· EN

Introduced

16 October 2023

Last action

23 October 2023 · Answer

Status

Answered

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Discovery layer

Source updated

23 October 2023

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential impact of cash deposit regulations in the Financial Services and Markets Act 2023 on (a) the ability of SMEs to accept cash payments and (b) people who

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Timeline

  1. 16 October 2023

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential impact of cash deposit regulations in the Financial Services and Markets Act 2023 on (a) the ability of SMEs to accept cash payments and (b) people who

    Source: Commons

  2. 23 October 2023

    Answer

    The government recognises that cash continues to be used by millions of people across the UK, including those who may be in vulnerable groups. Furthermore, businesses need access to cash deposit services in order to keep accepting cash and, therefore, sup...

    Source: Written answer

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