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Pembrokeshire MP calls on Government to Secure Access to Cash

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Preseli Pembrokeshire MP Stephen Crabb has joined the Association of Convenience Stores, British Retail Consortium, Federation of Small Businesses, Positive Money and Responsible Finance in urging the Chancellor to use next week’s Budget to secure long-term access to cash across the UK.

Stephen Crabb has endorsed action on access to cash in a private letter to the Chancellor submitted today (Thursday). The letter outlines that to secure long-term access to cash, the Chancellor should use his Budget to:

• Reverse the arbitrary cuts to LINK interchange fees paid by banks to fund the network
• Exempt free-to-use ATMs from business rates bills
• Recognise that ATMs are the only infrastructure through which to guarantee national access to cash

ATM closures and big banks leaving communities behind are threatening the future of cash. Research commissioned by the Payment Systems Regulator shows that ‘the majority of consumers use cash regularly’ while the Access to Cash Review has found that eight million adults would struggle to cope in a cashless society.

Stephen Crabb, MP for Preseli Pembrokeshire, said: “In many rural areas cash machines have been disappearing at an alarming rate despite the fact that lots of people still prefer to use cash. Many small businesses have yet to make the move to contactless or digital payments because mobile and internet coverage is so weak in rural areas. There is a danger of cash deserts emerging in areas where there are no ATMs or bank branches. I hope the Chancellor and his team at the Treasury consider what steps need to be taken to address these trends”.

ACS chief executive James Lowman said: “We acknowledge the growth in digital payments but access to cash remains crucial for the millions who still rely on it for essential purchases. We need a planned approach to changing payment methods instead of the haphazard removal of free to use ATMs from communities.

“Cash back is not a workable replacement for the whole ATM network and comes with costs and security risks for businesses. We need the Chancellor to take action at the Budget to reverse cuts to interchange fees and exempt free to use ATMs from business rates that are making them unsustainable for ATM operators and local shops to host.”

British Retail Consortium Head of Payments Policy Andrew Cregan said: “Cash accounts for almost 40% of retail transactions and is important to many vulnerable people, especially as a tool for budgeting and control. Government should safeguard consumers’ access to cash by ensuring retailers are fairly rewarded for providing cashback services to customers and protecting the viability of free-to-use ATMs.”

Federation of Small Businesses National Chairman Mike Cherry said: “Cash is the payment method of choice for millions of small business customers, and millions more see it as an important part of the payments mix. There are some straightforward steps that the Chancellor can take on Wednesday to bolster our rapidly declining cash infrastructure. Removing business rates on free-to-use cash points is a good starting point. This a prime example of the many stifling quirks that exist within the archaic rates system. Equally, if the Treasury wants more small businesses to offer cashback, it must ensure they are given sufficient financial support to take that on.”

Positive Money Executive Director Fran Boait said: “After being bailed out by the public, banks have repaid the favour by slashing support for free ATMs, making us pay to access our own money. The Chancellor must stand up to banks’ cost-cutting in the Budget and make sure it is them and not the public who pay for Britain’s cash machine network.”

Responsible Finance Chief Executive Theodora Hadjimichael said: “The perils of relying on a single payment method have been illustrated by the weaknesses of digitalised financial systems, and the rapidly decreasing availability of free-to-use cash machines leaves million of people struggling to make payments, including the elderly and vulnerable. Paying for access to cash can compound the poverty premium for low-income families who rely on cash for their day to day budgeting and spending. It is critical that the Chancellor acts now to secure long-term access to cash across the UK.”

LINK, the ATM network body, is required under Specific Direction 8 from the Payment Systems Regulator to ensure the ongoing availability of access to free-to-use ATMs for consumers across the country. However, LINK’s own data shows over 500 free-to-use ATMs are closing every month and one-in-ten areas no longer have free access to cash via an ATM despite LINK’s commitments under the Financial Inclusion Programme.

 

Business

Plaid energy policy challenged by Labour after Adam Price interview

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LABOUR SAYS MINISTERS MUST EXPLAIN COST AND TIMETABLE FOR PYLON PLANS

PLAID CYMRU’S approach to energy infrastructure has come under scrutiny after Energy Minister Adam Price was challenged over plans to reduce the use of overhead pylons in Wales.

Mr Price defended the Welsh Government’s position during an appearance on BBC Radio Wales’ Sunday Supplement, arguing that communities must have greater confidence in how major grid projects are handled.

Plaid Cymru has pledged to give communities a stronger voice over energy developments and to look more closely at alternatives to overhead transmission lines, including underground cabling where possible.

The issue has become increasingly sensitive in rural parts of Wales, where proposed pylon routes linked to renewable energy schemes have raised concerns about landscape impact, tourism and local consultation.

However, Welsh Labour said the minister had failed to explain when any restriction on pylons would take effect, or who would pay the additional cost of placing cables underground.

A Welsh Labour spokesperson said: “Adam Price keeps saying how clear their manifesto was and yet he won’t say when they’re banning pylons. They won’t say who is paying for the extra cost of undergrounding cables.

“Without certainty, companies won’t invest. That’s thousands of clean, green energy jobs at risk. Plaid need more than a plan to have a plan.”

Labour said the Welsh Government must now set out how its policy would work in practice, including whether it amounts to an outright ban, what exemptions would apply, and how any extra costs would be funded.

The debate highlights the challenge facing ministers as Wales seeks to expand renewable energy generation while addressing public opposition to large-scale grid infrastructure.

 

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Community

Pembroke Fair praised as well-organised community event

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HORSES, STALLS AND FAMILY CROWDS RETURN TO MONKTON

FAMILIES, horse owners and visitors turned out in force for Pembroke Fair on Saturday (May 23), with many praising the event as one of the best organised in recent years.

Held at the Community Centre Field in Monkton, the annual fair brought together horse owners, traders and local families for a traditional day centred around horses, ponies, stalls and socialising.

Coloured cobs, heavy horses, ponies and horse-drawn traps attracted attention throughout the day, with many visitors gathering around the field to watch the animals being shown and led around the site.

A variety of stalls selling everything from clothing and ornaments to tack and second-hand goods helped create a lively market atmosphere, while food vendors kept visitors fed throughout the day.

Despite overcast conditions at times, the event remained busy, with many attendees staying for several hours to enjoy the traditional fair atmosphere.

Community members later took to social media to praise the smooth running of the event, with several publicly thanking organiser Charlie Price for his efforts in bringing the fair together.

Comments described the day as “well organised” and praised the welcoming atmosphere, with many saying it was encouraging to see a long-standing local tradition continuing to thrive.

The fair once again brought together members of the travelling community, local residents and horse enthusiasts from across west Wales.

A horse drive was also due to take place on Sunday (May 24), continuing the weekend’s celebrations.

Photo captions:

Traditional gathering: Horses, ponies, horse-drawn carts and market stalls drew crowds to Pembroke Fair in Monkton on Saturday (Pic: Herald).

 

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News

Watchdog criticises health board over £10m GP contract checks

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A HEALTH board has been criticised by Audit Wales after GP contracts worth more than £10m were awarded without sufficient due diligence checks.

Aneurin Bevan University Health Board allowed a GP partnership associated with eHarley Street Primary Care Solutions to take on eight GP contracts in south-east Wales, with a combined annual value of around £10.1m.

Audit Wales said the board should have carried out greater scrutiny before approving the arrangements, including checks on financial resilience, workforce plans, business risks and the partnership’s ability to manage several practices at once.

However, the watchdog found no evidence of fraud and noted the board was dealing with significant pressure in general practice, including vacant contracts and limited interest from other bidders.

The report said weaknesses in governance and scrutiny contributed to later disruption and uncertainty for patients and staff when problems emerged.

Concerns included financial and workforce pressures, unpaid invoices, and issues relating to tax and pension payments. Some contracts were later handed back, requiring the health board to step in to protect services.

Natasha Asghar MS, Welsh Conservative Shadow Cabinet Minister for Health and Social Care, said the findings were “deeply concerning”.

She said: “Patients and staff were left facing disruption and uncertainty because proper scrutiny was not carried out before these contracts were awarded.

“The Welsh Conservatives believe lessons must be learned to ensure robust checks are in place, protect frontline services and restore confidence in primary care across Wales.”

Aneurin Bevan University Health Board accepted the recommendations and said it had already strengthened its processes.

Audit Wales said the case highlighted the need for stronger checks before GP contracts are transferred, particularly when a single partnership is taking on multiple practices in a short period.

 

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