In some rural locations, more than 80 per cent of transactions are in cash.viEJFW Committee, Official Report, 24 April 2018, col 4
The Association of Scotland’s Self-Caterers explained that small businesses are most affected due to their location in rural and remote areas, their reliance on traditional methods of payment, and the fact they can be cash-based businesses operating largely cash-dependent local economies.viiThe Association of Scotland’s Self-Caterers, written evidence
Witnesses explained that bank closures had caused cash flow issues and as a result, many businesses, including credit...