questionText: 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 experience difficulty in conducting transactions via means other than cash.
answerText: 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...
heading: Payment Methods