What Is The Obsession With Cash ?

Sunday 11th October 2020

Why are just a few people still obsessed with cash ? We hardly use it anymore and we certainly don't need it. All cash really does now is to keep the black economy going , fund criminals , terrorists , tax cheats and drug dealers while a just tiny minority of people prefer notes and coins. The UK's economy would see an annual boost of at least £20 billion without cash as more tax thieves would be forced to pay their way. There would be a reduction in crime and make the prisons , the police and the criminal justice system more able to cope. The use of bank notes was declining steadily and since Covid 19 , the use…

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Go Cashless Goes Crowd Funding

Wednesday 5th October 2016

Go Cashless, the not for profit campaign to end the use of cash has today launched a crowd funding initiative with Crowdfunder . More information together with a 90 second video can be seen on in the community section. The Go Cashless Campaign promotes the end of the use of cash to make the UK a better, fairer society with less crime and a reduced black economy for which all honest hard working people pay. Donations will be used to promote the campaign, improve the website and for social media. Jon Levenson, Go Cashless Campaign Director says " If cash was invented today nobody would think it a good idea. There are many new secure payment systems, with more emerging all the…

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Online Shopping now nation's favourite way to spend

Monday 1st August 2016

Daily Telegraph Saturday 30th July Katie Morley, Consumer Affairs Editor reported that the rise of free returns and online discounts mean that more than half of all purchases are now being made online. Stores with no high street presence have particularly benefited from the change, with Asos and Amazon taking nearly 50p of every £1 spent with online retailers in 2015 according to figures from the Office for National Statistics. Excluding groceries, shoppers now make 51% of their purchases on the web up from 48% in 2015

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Waitrose to open cashless store

Friday 15th April 2016

Retail Gazette 30th March 2016 Waitrose is to become the UK's first supermarket to operate a cashless system with the introduction of its new store in Sky's flagship head office. The store will cater to over 3,500 staff on completion this summer. Waitrose Director, Conveience, Jackie Wharton says" Our convenience model is now more flexible than ever, especially as payment methods and ranges continue to evolve, so we'll look forward to exploring other opportunities like this in the future.

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Care Worker's £54,000 life savings stolen

Sunday 14th February 2016

The Sunday Telegraph 14th February 2016 A care worker is "heartbroken" after her uninsured £54,000 life savings were stolen in a daytime burglary. Sharon Hall, 53, of Andover, Hampshire, kept the money in a briefcase in her spare room. She had put money aside from her salary and sold items at car boot sales. "I was saving it up for personal reasons, because I got separated and I don't know what the future holds. In hindsight I wish I had put the money into a bank account" she said. Hampshire Police appealed for witnesses and urged people not to keep large amounts of cash at home.

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Contactless vending machines "a death knell for cash"

Saturday 13th February 2016

Payments revolution will soon allow snacks and parking tickets to be sold via tap-and-go cards. By Katie Morley "Scraping around for spare change in the bottom of a handbag and in between car seats is about to become a distant memory for millions of people as vending and car-park machines are allowing card tap-and-go payments en masse. Machines selling snacks drinks and even phone chargers are rapidly adopting card and contactless technology with the number soaring by 20 per cent a year, according to Creditcall , a payments company. Coca-Cola is among the big brands to have the new technology installed in thousands of its vending machines making it quicker and easier for its customers to buy items on the go. Under EU…

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