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Cash could disappear as more shops shun notes and coins, warns Bank of England

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The end of cash could arrive alarmingly quickly as bank branches close, more shops refuse to accept notes and coins and the cost of handling traditional currency spirals, the Bank of England has warned.

Urgent action needs to be taken to find an economical way of serving people who still want to use cash before it is too late and swathes of the country lose access to physical money almost by accident, according to chief cashier Sarah John.

From Cash could disappear as more shops shun notes and coins, warns Bank of England.

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