Retailers Report Growth of Cash Use for 1st Time in Decade

Cash use is believed to help Brits manage their budgets, particularly in the heavy-spending pre-Christmas period.

A selection of UK bank notes and pound coins, in an undated file photo. Dominic Lipinski/PA

The use of cash is on the rise for the first time in a decade, as Britons try to keep an eye on their spending due to the cost-of-living crisis, retailers have reported.

The British Retail Consortium (BRC) said that 19 percent of all transactions were made with cash this year. This compares to 15 percent in 2021.