Cash withdrawals in the UK soar as Brits grapple with the rising cost of living - CNBC

8/8/2022 12:00:00 AM2 years 8 months ago
by Hannah Ward-Glenton
by Hannah Ward-Glenton
Brits are using cash as a way to manage their budgets as inflation in the country is expected to peak at over 13% in October.
Britain's Post Office, which offers banking services as well as mail, handled a record £801 million ($967 million) in personal cash withdrawals in July. In total, more than £3.3 billion in cash was … [+2367 chars]
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