basel
Joined: May 2014
Posts: 3,064 
|
Post by basel on Jul 4, 2023 6:16:58 GMT
GB News has launched a petition to keep cash as a widely used legal tender.
"I call on the Government to introduce legislation to protect the status of cash as legal tender and as a widely accepted means of payment in the UK until at least 2050."
Google GB News cash petition and you'll find it.
|
|
|
|
Post by Nobbygas on Jul 4, 2023 6:27:12 GMT
GB News has launched a petition to keep cash as a widely used legal tender. "I call on the Government to introduce legislation to protect the status of cash as legal tender and as a widely accepted means of payment in the UK until at least 2050." Google GB News cash petition and you'll find it. Ah, so the Digital Currency is starting to get the odd mention here and there. Most governments around the world are looking at this. Currently things are just in the 'consultation' stage, but we all know where that is going. This is actually quite dangerous. Do we really want the governments/banks being able to see, and control, every pound we spend? I am no conspiracy theorist, but this is a perfect way for those in charge to control what you spend, what you spend it on, and where you spend it. It's a perfect control mechanism. Interesting to see that the world leaders in this are the Chinese. Keep your eye on this folks, but I fear it's already too late. |
|
|
|
Post by lostinspace on Jul 4, 2023 6:44:41 GMT
"Big brother" is tightening it's grip..when you see young kids going into the shops to purchase stuff and then paying by card for amounts less than £ 3:00 you do wonder.. seen it happen also with Uni' students when we were in Brighton.was dumbfounded
|
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 4, 2023 6:52:03 GMT
Whilst the "authorities" can see our bank accounts with the right level of approval I have sympathy for Nobby's viewpoint. This has nothing to do with the widespread use of debit cards which is in fact a good thing, especially from the viewpoint of a customer facing business.
|
|
|
|
Post by Nobbygas on Jul 4, 2023 8:28:07 GMT
"Big brother" is tightening it's grip..when you see young kids going into the shops to purchase stuff and then paying by card for amounts less than £ 3:00 you do wonder.. seen it happen also with Uni' students when we were in Brighton.was dumbfounded This is one of the biggest things I have noticed since moving back to the UK. If you go to pay for a pint in a pub with cash they look at you as if you've arrived from another planet! Cash in the UK is very rarely used! Germany is light years behind the UK in many things, especially technology (believe it or not). |
|
Cheshiregas
Global Moderator
Joined: May 2014
Posts: 2,166
|
Post by Cheshiregas on Jul 4, 2023 8:50:38 GMT
My daughter has a small business and I can assure that cash is not dead. However that is for a certain age group, probably post millennials.
The difficulty with cash is that is expensive to hold, from a return perspective, and to transport.
Banks don't like having to hold or to transfer cash from branches to bullion centres. Banks lose money holding it.
Hence they charge businesses to pay in and why since Covid many businesses have stopped taking cash. One local hostelry which specialises in craft beers no longer takes cash at all, and their business hasn't fallen away.
Further bank branches are no longer viable as too expensive to run so they have taken the opportunity to close - less cash holding...
Young people like the convenience of it. And with charge for even small amounts they will continue to do so.
I am afraid the use of electronic payment will grow.
Of course, as an aside, the move to electronic payments will also help tax collecting.
No more cash only, VAT free [cough] jobs.....
|
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 4, 2023 8:52:21 GMT
My daughter has a small business and I can assure that cash is not dead. However that is for a certain age group, probably post millennials. The difficulty with cash is that is expensive to hold, from a return perspective, and to transport. Banks don't like having to hold or to transfer cash from branches to bullion centres. Banks lose money holding it. Hence they charge businesses to pay in and why since Covid many businesses have stopped taking cash. One local hostelry which specialises in craft beers no longer takes cash at all, and their business hasn't fallen away. Further bank branches are no longer viable as too expensive to run so they have taken the opportunity to close - less cash holding... Young people like the convenience of it. And with charge for even small amounts they will continue to do so. I am afraid the use of electronic payment will grow. Of course, as an aside, the move to electronic payments will also help tax collecting. No more cash only, VAT free [cough] jobs..... Precisely |
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 4, 2023 8:53:32 GMT
"Big brother" is tightening it's grip..when you see young kids going into the shops to purchase stuff and then paying by card for amounts less than £ 3:00 you do wonder.. seen it happen also with Uni' students when we were in Brighton.was dumbfounded This is one of the biggest things I have noticed since moving back to the UK. If you go to pay for a pint in a pub with cash they look at you as if you've arrived from another planet! Cash in the UK is very rarely used! Germany is light years behind the UK in many things, especially technology (believe it or not). Which county did you move to Nobby, just out of nosey interest🤔 |
|
|
|
Post by Nobbygas on Jul 4, 2023 9:24:51 GMT
This is one of the biggest things I have noticed since moving back to the UK. If you go to pay for a pint in a pub with cash they look at you as if you've arrived from another planet! Cash in the UK is very rarely used! Germany is light years behind the UK in many things, especially technology (believe it or not). Which county did you move to Nobby, just out of nosey interest🤔 South Wales. |
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 4, 2023 11:45:22 GMT
Which county did you move to Nobby, just out of nosey interest🤔 South Wales. Ah right. Some beautiful spots around there |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 4, 2023 12:26:56 GMT
Which county did you move to Nobby, just out of nosey interest🤔 South Wales. Will your schedule allow you regular visits to Mem this coming season Nobby? |
|
|
|
Post by Nobbygas on Jul 4, 2023 12:38:14 GMT
Will your schedule allow you regular visits to Mem this coming season Nobby? Oh yes. |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 4, 2023 12:40:07 GMT
Will your schedule allow you regular visits to Mem this coming season Nobby? Oh yes. Good!I thoroughly enjoyed watching FC Basel,but I was so happy to get back to the Mem! |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 4, 2023 12:49:17 GMT
Launched less than 24 hours ago,now has over 53,000 signatures.
Looks like it might make Parliament.
|
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 4, 2023 13:12:26 GMT
Launched less than 24 hours ago,now has over 53,000 signatures. Looks like it might make Parliament. Nobby going to the Mem?😱😱 |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 7, 2023 6:17:36 GMT
Over 150,000 signed the petition.
|
|
Cheshiregas
Global Moderator
Joined: May 2014
Posts: 2,166
|
Post by Cheshiregas on Jul 7, 2023 11:14:33 GMT
Launched less than 24 hours ago,now has over 53,000 signatures. Looks like it might make Parliament. Nobby going to the Mem?😱😱 We could have a mass debate on the terraces before a game! |
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 7, 2023 13:47:44 GMT
Nobby going to the Mem?😱😱 We could have a mass debate on the terraces before a game! Basel could provide the opening remarks🤔🫐 |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 7, 2023 16:08:57 GMT
We could have a mass debate on the terraces before a game! Basel could provide the opening remarks🤔🫐 Did all your family move to the other side of the world? |
|
oldie
Joined: September 2021
Posts: 4,401
|
Post by oldie on Jul 7, 2023 16:24:03 GMT
Basel could provide the opening remarks🤔🫐 Did all your family move to the other side of the world? Which world? |
|
