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cash use declining in the UK

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https://www.gbnews.com/money/cash-notes-coins-digital-banking-payments

Britain's move away from cash is accelerating, raising fresh questions about how long notes and coins will remain part of everyday life. 

New figures show the country is becoming increasingly dependent on digital banking, while billions of cash payments disappear from the economy.

Cash accounted for just eight per cent of all UK payments in 2025, according to UK Finance's latest Payment Markets Report.

That is a dramatic fall from 45 per cent in 2015, with the industry body predicting the proportion will drop further to four per cent by 2035.

The number of cash payments fell from 4.3 billion in 2024 to 3.9 billion last year. UK Finance expects this to almost halve to around two billion transactions

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