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Guardian

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To hoard or not to hoard? UK consumers on the pros and cons of cash

  • Despite decline in cash use, UK consumers like Ty prefer physical currency.
  • The shift is due to privacy, reliability, and ease of managing cash transactions.
  • Some, like Annie, resist a cashless society fearing loss of freedom and choice.
  • While some find cash inconvenient, others still hold onto physical money for emergencies.

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