Thursday 16 June 2011

Cheques face axe, but payments are still slow | This is Money

Cheques face axe, but payments are still slow | This is Money

The government has told banks it may block their plans to abolish cheques if they fail to protect the millions of consumers and businesses that still rely on them.

Treasury minister Mark Hoban has sent a warning shot to the banks who want to scrap cheques by October 2018.

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