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Cash withdrawals

  • Brits sound alarm on branch closures as Lloyds and Natwest shutter sites

    Banking

    Over half of Brits struggle to speak to a real person when they need support, fresh research shows, underscoring the challenge facing banking customers as more top lenders shutter their branches. Research from credit information service CRIF showed six in ten consumers were unable to get the support required due to bank branch closures. This [...]

    Fears have grown that UK banks will be subject to a tax raid in the budget.
  • Post Office predicts record-high £1bn in cash withdrawals ahead of Christmas

    News

    The Post Office is predicting a record-high number of personal cash withdrawals this month, reaching upwards of £1bn. The prediction exceeds last year’s record-breaking numbers during the festive shopping season, with December 2023 seeing a total of £930m in cash withdrawals. A total of £916m in personal cash was withdrawn in November, the latest figures [...]

    Post Office

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