Post Office guarantees money on the high street until 2030 as UK cash use rises

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"The Post Office has guaranteed Britons will continue to get access to cash on Britain's high streets until 2030 after agreeing a new deal with banks and building societies. It comes as new data shows cash usage rose last year, further dispelling concerns over the UK becoming a cashless society, as several financial organisations close branches across the UK. The latest Post Office data reveals that cash transactions rose 4 per cent in 2025 compared to a year before,"

The Independent funds on-the-ground reporting across issues including reproductive rights, climate change and Big Tech, and produces investigative projects and documentaries. Donations support sending journalists to speak to multiple sides and enable reporting to remain accessible without paywalls, funded by those who can afford it. The Post Office signed a five-year agreement with banks and building societies to allow customers to deposit and withdraw cash until 2030. Post Office data shows cash transactions rose 4 percent in 2025 versus the prior year, December rose 8 percent year-on-year, and July recorded the most cash transactions ever handled.

Read at www.independent.co.uk