Speaking at the Innovate Finance Global Summit on Monday, Sir Jon, the deputy governor of the Bank of England, said that "you won't be able to spend physical cash in the near future."
Cash is to become “less useable” as shoppers embrace the internet and high street stores increasingly reject bank notes, the deputy governor of the Bank of England has warned.
Sir Jon Cunliffe said that it will become harder to spend physical money in coming years owing to the rise of online shopping and con...
