Business · Economy · 11 hrs ago

Cash withdrawals rise as people prepare for a crisis

Cash withdrawals rise as people prepare for a crisis

Record amounts of cash are being withdrawn as people prepare for a crisis.

Link strategy director Graham Mott says more people are taking extra cash when they visit an ATM.

Average withdrawals are approaching £110, according to Mott.

The figures concern cash taken from ATMs, but no total or time period is given.

People appear to be keeping more cash on hand as they prepare for a crisis.

The story gives no details about which crisis people are preparing for or what may happen next.

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What people are saying

Graham MottLINK's director of strategy
We're definitely seeing more people take out an extra bit of cash when they do visit an ATM, with averages approaching £110,
via This is Money (Daily Mail)