Shops could be forced to accept cash in future, MPs warn

 

Shops and services may have to be forced to accept cash in the future to help protect vulnerable people who rely on it, MPs have said.

A Treasury Committee report into cash acceptance stopped short of recommending a change in the law, but said the government had to improve its monitoring of the issue.

"There may come a time in the future where it becomes necessary for HM Treasury to mandate cash acceptance if appropriate safeguards have not been implemented for those who need physical cash," the report said.

Some countries, such as Australia or parts of the EU, are planning requirements to accept cash for essential services in some circumstances. (...)