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mo4ch:>UK's cash system 'will collapse without new laws'

UK's cash system 'will collapse without new laws'By Simon ReadPersonal finance reporter 19 February 2020 Image copyrightGetty ImagesCampaigners have called for Chancellor Rishi Sunak to save banknotes and coins, saying without urgent new laws the cash system could collapse within a decade.They want Mr Sunak to take action in his first Budget on 11 March."We must ensure the shift to digital doesn't leave millions behind or put our economy at risk," said Natalie Ceeney, of the Access to Cash Review.The Treasury said it wanted "to ensure everyone who needs cash can access it."Cash is important to millions of people, who still use it for paying for vital goods and services, such as utility and council bills. According to the Financial Inclusion Commission, nearly two million people in Britain don't have a bank account, meaning they need notes and coins to pay their way.There were 11 billion cash payments in the UK in 2018, but they are forecast to fall…