Protecting UK wholesale cash infrastructure
The policy statement sets out the Government’s intention to provide the Bank of England with the powers necessary to ensure the UK’s wholesale cash infrastructure remains effective, resilient and sustainable.
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The Government is committed to protecting continued access to cash. To do so, we need to ensure that the UK’s wholesale cash infrastructure, which includes the network of cash centres integral to the sorting, storing and distribution of notes and coin, remains effective, resilient and sustainable so it can continue to support access to cash into the future.
The Government is setting out its plans to ensure that is the case.