DAVID Mundell is worried the UK is “sleepwalking into a cashless society”.
The Tweeddale MP, of the Conservatives, has spoken in the House of Commons about his concerns that cash is falling out of use.
And in his latest column in the Peeblesshire News, Mr Mundell warns of the “real danger” that physical money could soon disappear, due in part to the COVID-19 pandemic.
Mr Mundell writes: “There is a real danger that the vital cash payments system in the UK could be lost through the backdoor as a consequence of the coronavirus pandemic.”
AD The former Scottish Secretary says any health fears about handling currency during the pandemic are “largely unfounded”.
Read more
The Tweeddale MP, of the Conservatives, has spoken in the House of Commons about his concerns that cash is falling out of use.
And in his latest column in the Peeblesshire News, Mr Mundell warns of the “real danger” that physical money could soon disappear, due in part to the COVID-19 pandemic.
Mr Mundell writes: “There is a real danger that the vital cash payments system in the UK could be lost through the backdoor as a consequence of the coronavirus pandemic.”
AD The former Scottish Secretary says any health fears about handling currency during the pandemic are “largely unfounded”.
Read more
The Indian Digital Currency wants to put an end to Cash
