“That’s 53 Banks Closing A Month” | Banks Increasingly Shut Down As UK Goes Cashless
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- Опубліковано 16 тра 2024
- More than 6,000 bank branches have closed across the UK in the last nine years, according to Which?.
The consumer group stated that the significant number of closures underscores the impact of this "avalanche" on high streets and emphasises the necessity of providing substitute services for the millions of people who depend on them.
Consumer expert Adrian Mills joins Talk’s Ian Collins to discuss this further.
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First the banks, then cash, then CBDC, then total control over you.
Exactly
Don’t be such a tin foil batter you 😂 but for real though the prison is being built brick by brick - what’s so insidious is you can justify each thing as normal aswell -well cashless we all make payments on phone etc anyway … Ltn neighbourhood well that’s just traffic measures and environment …. That’s the problem it’s so slow . If they just declared Marshall law on the news armed the troops and announced you now live in 15 min zones. With different privileges based on your carbon output” people would “get it” ….. but cos it’s so slow we will slip into it
You forgot about digital chip if you don't have you can't buy
@@uzumaki3457 Yes, the mark. I'll pass on that.
Happening here in Australia. All by design, they already have control over the masses.
DEBT SLAVERY.
Once it all goes cashless you'll literally be working for NOTHING
I have been using my Cash card for years , no problem , but i guess you a drug user ? and you need cash and how are you going to rob cashless people ....
@@zakjuly6721Cbdc will tied in to climate change control
Are you really that *uckin stupid ...
@@zakjuly6721 You'll miss it when the internet goes down or they turn off your bank account for bad behaviour, saying naughty words about the government.
@paladinsmith7050
Tell him he has no clue😅
It should be up to the British people if they want a cashless system . Not up to the government or the banks we don't work for the banks or the government they work for us the people.
It’s a global trend all pushed by Klaus Schwab’s WEF
Not any more! We do what they tell us. !
Nothing surprising here, study SCRIPTURE and you won't be overwhelmed by the schemes of the evil advocates.
As with everything else, major decisions are made for us, and we're forced to go along with it
The market decides if banks shut dummy. If people dont use a branch then it makes no sense for it to shut. We should keep them open for a few of you boomers? 😂
The trick they play is that they start to close at 3pm, THEN they say there are fewer customers and then they close the branch.
Also the fact that they don't open on weekends. When they should as most people are off work then to be able to go in.
@@deltaechomusicnh555 And the latest one I saw last week, is that one of these banks near me, has new opening times: Closed All Day Wednesday.
No cash, no privacy. No cash, you give up control and hand it over to a bank.
Do you realise cash has serial numbers on them? Banks, ATMs, Supermarkets all have to keep note of the serial numbers they take. It's also not illegal to share serial numbers.
Card payments are automated and encrypted. If you want to search transactions you need to know the card holder's date of birth and 5 digit phone and online access PIN.
@@mseven1361 Privacy: Q: Who oversees the transaction between you and another individual if you give them cash?
Ctrl: Q: If your bank account is frozen (for whatever reason), would be glad to have put away some cash in your house?
@@ReviewAndAnalysis2732 In answer to your questions - Anyone who wants to. If your account is frozen this can only be done if you are being investigated for a serious financial crime, in which case you will have to do all your transactions via your police liason officer which would have been assigned to you when you agreed to all of your accounts to be frozen during the investigation.
Card transactions are encrypted and automated. The only way any one can view your transactions is by knowing your date of birth and 2 randomly chosen numbers of your 5 digit access code. Shop tills are emptied every few hours and the serial numbers are taken down for security reasons. Serial numbers can be freely shared, this is why bank robbers and staff who steal cash are always found. You can also extract DNA from cash especially the polymer notes (not meaning to start a conspericy theory). Businesses can refuse to accept payments, many businesses refuse to accept £50 notes.
No one will get their account frozen for no reason and banks have serial killers and rapists banking with them. In rare cases like with bank robbers who have previously shot employees of that bank they can refuse to open accounts but there are many other banks and they will find one who will accept them. There are cases where dormant accounts are suspended if you don't respond to letters warning you that your account will be suspended due to inactivity. Many people die and the banks aren't informed and the famies don't know about these accounts. Unclaimed money is held until claimed if they can find the next of kin.
High street shops shutting as well it's so sad and depressing.
And COVID only accelerated the transition to mostly online shopping.
Get a life !!!!
@@stevev238 100% Facts......
Totally for there benefit, more for them less for the poorest amongst us that rely on cash, no cash no freedom of choice.
You are absolutely right.
How will the illegal immigrants get paid ?
And the lower paid staff have lost their jobs.
But i need cash to buy drugs .... and how i am i going to rob people , being a blackman
@@EdStraker720 yea and a tax on any transaction is ok ?
No cash you become a slave.
Slavery wasn't abolished it was renamed job/work
This is big brother watching and controlling you. Cash is KING, use it or loose it! For God's sake Britain wake up and smell the money!
we all got to use cash agreed. But the banks are making it harder and harder to use. Also even moving money in your accounts can be restricted buy the bank untill they have a reason to let you use your own money.
But bitcoin and other established Blockchain.... None of that has or will happen if I want to send someone a billion I could instantly
Try send my mate 5 grand from your bank ......or even better go to the bank and ask for 11.000 cash you be there all day.
Banks are slowly crushing us into a new system and it will definitely be worse then the crap one we have already.
Do some research then come comment back.
U.n have already got plans for people food allowance to be implemented by cbdc
I'll lose it, thank you. I haven't paid more than 30gbp per year for the past 12 years
It's very much still king here in Thailand, though I found in China that 99% of the time people make mobile payment.
It's going to go, there is no stopping it
You wont be able to mow grannys lawn for pocket money. But the Turkish barbers will stay open.
When is the Bank of England going to change the wording on banknotes to "I no longer promise to pay"? Once again we were never asked.
A damn good point.😮
We are never asked about anything and we are supposed to be a democracy. China here we come.
We must fight against this injustice
Can't fight against Revelations 13. It's prophecy. We just need to make sure we repent and prepare
It's been planned for years as many people were encouraged to do on line banking instead by bank employees. I was asked several times to change to on line banking but I kept telling them, "Just think. If everyone did on line banking & this branch closes how safe will your job be?" They stopped asking after that. 😂
They thought about that ngl
And it's all to put the accountability and security of the bank account in your hands , taking their responsibility from the bank to yourselves, so any fraudulent activity could be deemed as you authorising the transaction, now that's scary
Why do they always say only older people use cash people of all ages use cash
Agreed A lot of young people also use cash. So the argument is here that all people use cash, including the young.
Because old people can't learn how to use the internet and they will worry them self to death sad
when cash is gone people will very soon realise just what we've lost...numbers on your phone screen are not real and can be deleted at anytime...its so frustrating that people have become so stupid..with cash you have the power no cash,the banks are in total control...
The other day was in the supermarket and the systems went down! 95% of people in the store could not pay for there shopping and had to leave it, some of them went to the nearest cashpoint and that wasn't working either, only a few us in the store who had cash could pay for the shopping
@@scitec6166 Well, next time, if the system goes down they should just take the goods. If they need it and cannot pay, that's the store's problem.
how would you delete a bitcoin... lol good luck
my bitcoins value have alot more real then fiat money
im only using fiat because the shops dont accects crypto where i live
why use a system that causes inflation, when there are alternatives
If there is no cash, the government can "turn off" your ability to eat at the flick of a switch. You say anything they don't like and suddenly you are unable to transact, all acounts simply don't work.
They are winding down for the introduction of CBDC, no more high street banks or cash
There’s 5 million people who don’t have excess to Wi-Fi or have a smartphone, so will government pay for them to have a new phone and provide Wi-Fi 😮 and if your bank is on your phone 📱 we’ll a phone is stolen every 5 seconds what happens then if your out late miles away from home 🙄
My fone is going straight in the bin if cashless comes
They don't care!
@@WotsisFace im commiting suicide if cashless comkes in
Work any amount of hours, in any conditions, for somebody else and you’ll never be able to hold the earnings from your work in your own hand.
No thanks.
its called a debit card ! now get out of my country
The use of cash is the highest it’s been in 10 years. There was actually an article about it today.
Funny how this pops up right after…
Banks closing is also bad for small local shops. How do they get change and bank their takings? We’re all being forced to go digital. We’ll all be digital slaves when the CBDC replaces cash. Fancy a T-bone steak? Your carbon credit score says NO.
They can order it at the post office but change costs businesses as well as card transactions.
Big difference is cash can be kept out of the bank in circulation between customers, businesses and suppliers.
My boss pays his suppliers all above board with receipts cash.
Even the cash and carry are happy to exchange change for notes to save bank charges all round when he goes there.
I honestly don’t think people have woken up to the fact customers will be charged for every transaction once cash is gone, banks will want to make up for cash charge losses and a captured audience will have no choice in he matter
Local shops should stop dodging taxes and use a card!!
You are also being forced to pay for Nato funding in Ukraine , and for illegal migrants in Hotels , why did you not complain then >
@@Abdul_Rahman86 Clearly you're a mentally retarded spastic. You think Sunak pays taxes? Of course he doesn't. None of the people at the top pay taxes. So why should local stores? Besides, that's not the point, is it? Every time you use a card, you're losing money. The banks take a percentage of your money for every transaction. And now with the digital money, the government will control every aspect of your life. What? You didn't take an untested poisonous vaccine? Ok we'll block your money. What? You said the PM was a prick? Ok your children can't go to school. You see how that works? Or are you too stupid to understand?
Stop being a donkey in this country @@Abdul_Rahman86
People will resort back to using bartering to exchange goods and/or services, like they did back in the Middle Ages.
I'm 20 and will never stop using cash i always pay out money i never use a card. Without cash there is no freedom
Good lad!! 👍
If you can't walk into a bank to withdraw money, you're penniless.
Especially if the banks go down.
The last bank to stay open will gain the most customers
Even the last branches in towns are closing, so that no longer applies.
Nationwide are staying open
Nationwide don't deal with business accounts.
the banks are only there to keep a eye on you these days anyway..
they have no service left
It is terribly wrong for banks to close. All it is doing, is costing individuals and shops interest on the allowing use of these cards.
A friend of mine with a small business paid over £3,000 in charges last month.
No wonder shops are going out of business.
What about the small charity donations?
What about raffle tickets?
To mention two small cash needs.
What happens if we loose electricity and or wi-fi?
Yes, what about AI?
God help us all.
Amen 🙏
with crypto payment solutions it would be cheaper for both the costumer and your friend.. (in many cases it can be free for the shop and the costumer pays much less)
it blows my mind people support card payments
some of the monthly bills i pay cost me about 7 € per bill
with cropto i could have done that for a drop in the ocean
Now this is one of the issues that the government should really do something about.
They won’t because they and the banks themselves are controlled by a man called Schwab…
the government should really do something about?????? No they will not do anything about its, All part of the plan.
They will. They will remove ALL access to cash and cash is the last anonymous transaction.
It's the bloody Government/WEF that's behind it all !
government does not rule banks...
All about control.
So picture this, it happened when I was in sainsburys. The entire till system we t down including card only self checkouts, only people who had cash could shop.
So cash is king, end of!
I hate all digital because there is always problems with Barclays several times a year at the busiest times. There needs to be physical cash for a back up so many things can and do go wrong with digital.
Got relatives. With no internet,no cell phone. Locally no bank or bus transport . They do not drive. Are now helpless. Neighbours are helping . Stage coach dropped the route to the area. Only a unaffordable taxi available. What a mess. UK has gone backwards.
Totally agree the UK is going backwards it was easier 20/30 years ago to do transactions
I had a weird experience in the coffee shop in London, not in the centre tho...me, buying a coffee with cash...about 80 year old lady said with wonder: "Oh...coins, real money..I have not seen those for a very long time"...while she prepared her virtual card on the phone to pay with...so me...youngster to compare to that lady..I was explaining how important is to keep the cash...👀 She said...ohhh, you got a point, I have to tell my friend....I was feeling like I'm the older one in this situation.... 👀🤷♀️
Well, look at how many old people took the injections and still wear masks. Overall, I'm not sure they're renowned for being deep thinkers these days - they often do what the telly tells them to do.
What will happen when say the online banking goes down for a few days, there will be mayhem!
And you do know they will make that happen all the time... So we don't spend or go out it will be their way of locking us down without vaccines... Digital is down, shops closed, resteraunts banks etc the kit hairdressers, cinemas everything so they know it will make us stay in....think about it
They don't care! Nothing nowadays is done for the benefit of the public. NOTHING!
@MarekzAnglii it's for the benefit of the banks
i use my bitcoins then.
why even keep your values in something that is hit by inflation forever, like fiat money
WEF
i told people about this years ago and they said i was mad lmao glad my money is not in the west anymore , get ready for a cbdc next
I don’t want to be cashless, I want to be able to choose. The cash I have in my wallet is mine … and no one knows what I do with it. No one. What I spend my money on is my business. I went to Istanbul in January … everything was cash because the economy was so poor. I loved it! Talking to people via an app is not good enough! No money for buskers, no money for charity boxes, no simple fundraisers for any charities such as churches, schools etc, no “Bob a job” for scouts…and it’s increasingly hard to teach children about money because they don’t handle money any more. This feels increasingly like control … the bank knows what I’ve spent, when I spent it, what I spent it on. I like my anonymity…I value my privacy.
What happens when the system goes down or is hacked? Then how do you pay for goods!
Well I’m back to cash and now I realize what I’m spending I’m saving a lot
It’s a disgrace…there’s no ATM’s either…Tesco took one ATM machine away and the other never works….I have to travel over 15 min to try and get cash out …
Ur lucky I had four days were u couldn't and.half the places as well that gave cashback have stopped from the pandemic it's a joke worst is u could be at till like i.was the other week no warning nothing and card said declined even though there was money in ended up.stystwm was down three days before it wAs sorted out happens on regular basis
tesco = WEF
It’s the same in Australia, Totally orchestrated across the world.
If everyone drew their money out leaving as little as possible for a few months you’d soon see branches pop back up to entice you in.
One of the reasons they're closing branches is to stop people taking out large amounts in cash, because they have hardly any physical cash at the branches anymore!
These selfish banks will learn their lesson
They won’t.
Not sure how!
They will. They are a business If it's not economical do a certain thing, they won't.
Not before we learn ours first.
A guy by the name of Kevin Trudeau a billionaire try to tell people years ago about the banksters he said they are not your friends. He used to be around these guys in their office and he said something like they used to sit in their large chair and smoke their large cigars putting their feet up on top of their own expensive desks worth thousands of dollars and they didn't have anything good to say about us the regular people who's been working since they wa16 @@quantisedspace7047
I have always kept 2k stuffed somewhere safe incase digital banking goes down. Use cash as much as possible. Card payments are plain lazy.
The same ppl who say this got the jab ,and swipe their cards and do self check outs at walmart lol
Good idea
Nationwide isn't closing as many branches as banks. It's up to the public to use cash and switch to banks and building societies who aren't in any hurry to close branches.
just change from any bank to a building society ,that is currently the best option for everyone , make the banks realise you are not falling into line . i also recommend the nationwide for those that are willing to make the change .take your money out the banks before it is too late.
Just wait until they have a power 🔋 cut or the internet goes down...no one will be able to buy food or anything
that is part of the plan
There is a great opportunity here for any entrepreneur, open a bank that deals in cash, you'll succeed believe me.
The Government/WEF will eventually outlaw cash, making it illegal tender. They've thought of everything, don't kid yourself. They want nothing less than total control.
Try getting a banking licence! It's easier to book a flight to the moon.
@@MarekzAnglii They keep it among their mates do they? Yet another sign of our 'democracy'
We got plenty were not buying it say no and strike cash is king were not given it up more people i know are using it demand it
I think we know the wider narrative.
You don't need a degree in theology and eschatology to figure it out.
Let's see if this email is wiped out.
People in some area,s have an olderr population that still need to use the banks, but they still bloody shut, in bexhill most of the banks are GONE
Boycott them , I seen them in Whitby and I looked at my dad‘s receipt and it said they take a tip without asking, I said we are not coming here again
Should’ve asked for it back, we never tip on the bill and get it removed if it comes with it on.
I’m not against tipping but I tip who and how much I want for the service that we receive
@@witlesswonderthe2nd883 I should but on the receipt it said we normally get tipped so we have took the liberty or something to take so much percent , I thought you cheeky bastards, I will never go back to any Business that does not accept Cash 💵
Chip in the hand ✋ next
😂 you already got it in you arm 💉
they made everyone pay for there own chips with buying there ''smart'' devices, why would they need to ''chip in hand '' when it is already there ? (and cost the government nothing )
Cash is still extremely popular in Germany and banks are too. No online banking for me no way.
Does anyone remember Giro Bank.
They save money shutting banks so please pass the savings on 😂
The savings turn into profits for the shareholders.
Total control of what you spend .
My 81yr old mum who lost dad in the last six months is terrified of it all and having to go to the centre of town to sort the estate out was a pain especially when we got there we were told to ting a telephone number in the middle of shop floor
Hello. My mum went through the same, just lost our dad. It really put as stress on her, and before she was ok with the computer. Now she is lost. The local bank just closed. I've been helping but she got scammed for 100k just after dad passed away. The good news, is that we managed to get the money back. I recommend, and this is a hard conversation, but you need power over her money to help her. These scammers tricked me too, took me a while to work out who was a scammed or genuine. Our scammers were English too well spoken. Just be safe and monitor here letters and emails, you don't want to go through what we did.
And what do we use when the power and energy grid is down? Tap and go only when the system is up and running.
Youngsters won't understand the implication. Its all about centralised banking and lending digital currency to corporations for the purchase of assets only. Mortgages are also only for banks, not people. Government wont get the benefit of seigniorage so the tax hole will be filled by taking more tax from you to compensate...
most young people understand that the fiat money system is broken, and it is in debt forever..
so no matter if it is digital fiat or cash is is worth less and less.
and other digital values like bitcoin or other crypto coins are better for the future
just like it also make sense for companys to use tokens and not shares on the stock marked, because the system we have is not always about supporting the small.
the stockmarked often lives from shorting stocks and killing companys for gain
look what went on with gamestop at new york stock exchange a couple of times, this time they sold 40% more stocks then avalible to people shorting them (they sold 140%)
only bacause the small man could rally against it, it did not go as bad as it could have for gamestop
We're screwed when CBDC's come in
What happened to all the profits made by closing branches, selling the property, and sacking the staff? we, the customer, don't see any benefits...
At least Nationwide are keeping their branches. Sugest we move our money there.
Only until 2026 I think
Matters as a democratic society...we have right to choose!
We stopped being a democratic society a long time ago. It's an illusion!
We don't have a democracy , just because you choose what colour someones tie is doesn't make a democracy , you have no choice but to live under capitalism ,there is no other options ,If you truly want democracy then the people need to stand together and move these capitalist money grabbing ******* out of power and get a new system one that works for the people , alas though we are too far gone for that choice because ''we have never had a democracy''
If the internet is down....they take cash then...
Yep lol gold silver 😊
@@jamiejones642 myrrh the better..
Even my local Lloyds branch is useless. Each time you go in, they ask you to go online or use the app. No customer service at all. It's insane - Banking, shopping, healthcare, parking etc, everyone is forced to go online or cashless. It will soon become impossible to keep up with as you constantly have to remember or change passwords, update version of app, download another app, create another account, log on here and there........ no wonder people are so stressed and depression is on the rise. I still insist on cash!!!
Cash will be replaced with something, be it gold, or some other thing maybe a labour exchange for goods. Either way a cashless society will create a bigger black market, and less honesty on earned income so less tax, and more ways to barter for goods free of banks and Gov. All my opinion of course, but pushed people become resourceful.
How are we supposed to buy our drugs? 🤪
Dealers will soon have stripe apps on their phones don't worry 😅
@@sealandersoundscapes6403 I remember some rough young guy on the street asking me for money once and telling me that he had some EFTPOS reading machine with him if I wanted to pay by card.
You can go to any post office and withdraw cash or pay in cash doesn't matter which bank you are with.
Where do you think 'the post office' gets the cash from?
There is no banks in the town i live in, the government is going to make us go cashless
Shops and businesses not accepting cash as well.
The world has gone mad. I’m just glad I’m not young anymore we’re looking at a future of robots where people will be obsolete.
I mentioned this to someone here in South Africa, but the lady didn't believe me. It seems like if they can't kill everyone on earth with viruses, now they are killing the poor and homeless as well. Since we won't be able to give them pocket change. It's really sad. We have a lot of homeless people with dogs....
At least the post office is filling the void left by bank branch closures
Do you honestly think the powers that be haven't covered all the potential bases. Post Offices savings schemes will be next for the chop !
I heard today that some foreign partners are trying to take the Post Office ,
That will be the last nail in the coffin! , Keep cash alive.
Banks want rid of cash, BIGGER PROFITS FOR THEM 😢
You don't appreciate what you've got until it's GONE! 😮😮😮
The Gov states we are not going too stop the use of cash, Banks follow this up by literally take away the ability too use cash. So who's in control again???
Cash is still 'King' over here in sunny Cyprus. I see wads of cash being drawn out in banks ! 😎😀
Some times we need to call in the bank and speak to a human. I hate the internet and am computer savvy, but what about all those old people that can’t use the internet? They used to say that the internet and computers would make things better, but for whom? We old people want to use cash! We have been bullied into using bank cards. The only people that benefits are the companies and governments.
Is this the 'Service based economy' that Thatcher proposed as the answer to getting a better standard of living? Where are all the bank staff going?
And once cashless, they can stop you from buying gold and silver.
In January this year i changed banks and my new bank was trying their hardest for me to switch to on-line banking, they eventually gave up when i kept saying no. I just want a "normal" bank account and they didn't understand why.
I tell them I've no internet
Thanks to our unelected PMs Mrs and father inlaw 😮
Yes this is all his fault. Not been planned for decades.
@surjbasi3846 took that way too literally 🤣 Her father is a founding member of INFOSYS DIGITAL CURRENCY 😳, So maybe part of a Decades old plan! But HE Just Played a VERY BIG ROLE 😕
If banks close more branch's then the govt ie US THE PUBLIC CASH should ask the banks to repay the remaining money that they received during 2008 or forfeit there banking licence.
The govt is in on it! They are all WEFers! Part of the Agenda 2030! We have to stop it!
Totally going wrong way, people should stand up for that over 65,s need banks 😢😢
In my town there are a lot of elderly people. We still have a Santander, Halifax, Nat West and a Yorkshire building society. These are always busy. People need banks.
I'm only 74 and I need a bank.
Terrified of scams online and desperate to keep my limited finances under control.
I check my bank account weekly and need a bank.
Use nationwide, they are more human friendly
I regard banks as a utility like housing, energy and food. I'm computer and internet literate but I still use cash. A local chain store has no cashiers, only machines, and when shopping there recently I paid with my debit card. But it gave me the creeps when I saw my own face on the screen. Machinery was watching me.
I often see people paying for their goods with a swipe card and they look so satisfied about it. That worries me a lot.
I saked my bank to takr the swipe facility off my debit card and they obliged. I must say I feel much happier having to use a PIN. I use cash whenever I can anyway.
IF, the branches are closing, staff are reduced, more digitisation is being installed, all to reduce costs; why are the return intrest rates so SMALL?
If you don’t use it loose it, my local bank closed but I never used it and when I used to walk past, I used to think there’s two bank tillers probably a bank manager in there with nothing to do day in, day out
I went into a pub last week and they refused to serve me if I was paying by cash
I am 77 and have problems with internet banking the closed my internet account because they said i entered my details incorrectly to many times
Cashless means they have full control over your money. Disapprove of the government will eventually lead into no access of your cash
Can't remember the last time I heard of a bank robbery, a dead art?
HMG does not want us to be a cashless society, as they need money to move around and be able to print more.
Time to unite under one cause.........the rage against the machine
One of big UK banks says your voice is your password and that is the security check
All about control
cashless is control from big brother
The devil has arrived.
Cash will always be valuable. The only people who want this are those who will benefit from it.
A world where a press of a button can make you pennyless by design or by accident. No thanks!
The younger generation may well learn a dreadful lesson by not using cash
I hate banking online
If I don’t watch TV ( BBC) , Why am I still pay TV license??
I haven't used a bank branch for over twenty years. Most people don't need them. My late mother, by the way way, was so ill in her final years that she didn't visit her bank branch either.
Great show to raise awareness on the The banks closing to the tune of 53 per month. Question can these banks be sold to to other profitable bank conglomerates to make them profitable and peneficial to the Uk. Banks are much needed as its an institution in our culture where money is deposited and withdrawn for living expenses etc. The myth of a cashless scociety should not be embraced when Banks are much needed to provided vital services to all banking clients