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Britons are 'hoarding cash amid uncertainty over the economy'
The Guardian
|June 11, 2025
Britons are hoarding physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages like the recent one in Spain, according to the Bank of England's chief cashier.
Victoria Cleland said yesterday that UK households were building a cash contingency pot, much as they did during the Covid and cost of living crises.
She said the Bank had tracked a significant increase in the number of banknotes in circulation in recent months, continuing a rising trend since 2022, at a time when the volume of cash transactions has "gone down significantly".
Cette histoire est tirée de l'édition June 11, 2025 de The Guardian.
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