Acceptance of cash
Wednesday 4th December, 14:15, Thatcher Room,
Portcullis House
Watch live on
Parliamentlive.tv
Next Wednesday, the Treasury Committee will hear from charities
which work with vulnerable groups and organisations which promote
financial inclusion, as its inquiry into physical cash acceptance
kicks off.
MPs are keen to understand the potential impact of businesses and
public services not accepting cash from the perspectives of
disabled people, the elderly and domestic abuse survivors. They
have therefore invited representatives from Age UK, Mencap and
Surviving Economic Abuse.
The Committee will also hear evidence from The Money and Mental
Health Policy Institute, a charitable organised founded by
financial journalist and TV personality , as well as campaign group
Payment Choice Alliance.
Members of the Committee will seek to understand the factors
which drive financial exclusion and what safeguards are needed to
prevent people becoming excluded from an increasingly digitised
payments landscape.
MPs could also explore what barriers consumers may face if they
rely on the use of cash to access specific services such as
transport, rent and utilities.
Following recent reports that almost one million women in the UK
are trapped in dangerous relationships as a result of financial
abuse, MPs may ask what role cash can play for victims of
financial coercion and economic abuse.
Witnesses
· Chris Brooks, Head of
Policy, Age UK
· Deidre Cartwright, Public
Affairs & Policy Manager, Surviving Economic Abuse
· Wayne Crocker, Director,
Mencap Cymru
· Conor D'Arcy, Deputy Chief
Executive, The Money and Mental Health Policy Institute
· Ron Delnevo, Chair, Payment
Choice Alliance
