FINANCE

Cash still king for local growth?

A Localis report today warned local economies and communities could suffer without the availability of cash. Dominic Leigh examines the results.

Cash has been in existence since the seventh century BC when the Lydians used coins made of electrum in what is now modern-day Turkey. It has been a constant in human affairs ever since, but for how much longer?

Some commentators have argued that we should, and will soon, become a ‘cashless society' that relies solely on non-physical forms of payment.

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?