It's going isn't it? Real money. It's on its way out. Slowly, but surely. Maybe we should document its disappearance.
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It's going isn't it? Real money. It's on its way out. Slowly, but surely. Maybe we should document its disappearance.
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The writing was on the wall when Westminster started getting rid of its cash parking meters in favour of the gruesomely complicated 'pay by mobile' system. It's not going to be a completely comfortable transition but in 5 years time I bet almost no one in London will be carrying loose change. Bad news for buskers...
Posted by: Stuart B | February 24, 2008 at 09:28 AM
Also dying: the cheque, which from today is no longer welcome at Tesco. On the other hand, the usage data implies that adults use 40 cheques a year (1.6 billion cheques / 40 million adults), which means someone else got 38 of my allocation last year. Mind you, when asked about this on Radio 4's The Bottom Line, two out of the three guests had written a cheque that day.
http://news.bbc.co.uk/2/hi/business/7244907.stm
http://news.bbc.co.uk/2/hi/business/7215454.stm
http://www.bbc.co.uk/radio4/bottomline/pip/xmpbd
Posted by: Paul Mison | February 25, 2008 at 12:07 PM