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Queen Victoria Street
City of London
EC4N 4TW
United Kingdom
Houndsditch
City of London
EC3A 7BX
United Kingdom
Fenchurch Place
City of London
EC3M 4BA
United Kingdom
Cannon Street
City of London
EC4
United Kingdom
Broadgate Circle
City of London
EC2M 2AS
United Kingdom
Cornhill
City of London
EC3V 3NR
United Kingdom
Great Tower Street
City of London
EC3
United Kingdom
King William Street
City of London
EC4
United Kingdom
Bishopsgate
City of London
EC2M 4QP
United Kingdom
Mansell Street
City of London
E1 8AA
United Kingdom
In a stunning twist, cash payments surged for the first time in ten years as Britons grappled with skyrocketing costs. Yet, the mighty debit card reigns supreme, commanding half of all transactions and hitting a record high.
As wallets tighten, cash is crowned the people's choice for budgeting. UK Finance reveals a fascinating shift: while nearly 22 million people sparingly touched cash, less than a million swore by it. Debit cards, beloved for their contactless convenience, saw a monumental rise, fueled by the new hybrid work era and a sharp decline in season ticket sales.