Tuesday, 12 July 2011

Cheque-mate! Banks back down on scrapping cheques

The Payments Council, representing the banks, has announced that it will not be scrapping cheques in 2018 after all. They now say that cheques will be will be kept "as long as customers need them".

This follows major campaigns by Liberal Democrat MPs, charities and organisations representing older people and voluntary groups. We have reported the campaigns here before, and many of our readers will hopefully have signed the petition by Lib Dem MP David Ward.

The BBC has more details here

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