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Cash Is Back As Brits Try To Control Spending, Says Post Office

Customers use an ATM outside a post office in London.

Customers use an ATM outside a post office in London.

Photographer: Simon Dawson/Bloomberg

The pandemic brought a shift toward digital payments, but now it seems more and more consumers are turning back to cold hard cash to help budget during the cost-of-living crisis.

Britain’s Post Office, which has 2,700 ATM locations across the country, said its branches handled a record £801 million ($969.45 million) in cash withdrawals in July. That’s up almost 8% compared to June and 20% from the same period last year.