UK government to launch consultation on protecting cash – minister By Reuters

LONDON (Reuters) – The British government will launch a public consultation on legislation to protect access to cash this summer, financial services minister John Glen said on Thursday.

The consultation will consider a proposal to ensure access to cash within reasonable travel distances and evaluate which firms fall within the scope of the requirement, Glen told a webcast event by consumer group Which!

“The government believes the Financial Conduct Authority would be best placed to play a leading role in holding firms to account on access to cash so that the needs of consumers and businesses are met,” Glen said.