BBC Money Box

Paying with Cash and Pension Age Rise

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Cash now accounts for less than 10% of all the retail payments we make. New figures out this week UK Finance, which represents banks and others, show the latest in the long term decline of cash. Just over a year ago new rules from the regulator, the Financial Conduct Authority said banks had to ensure customers had access to their cash and could take their money out in cash, but at the same time the number of shops putting up the card only signs has increased. What does that mean for the future of cash?

On Monday it will be 6 months until the state pension age begins to rise from 66 to 67. How will that transition work?

The price cap on electricity and gas went up this week - affecting millions of households across England, Wales and Scotland. The energy regulator, Ofgem, says gas and electricity bills will increase by an average of 2% but it's the costs of electricity that's rising, not gas.

And what can do to ensure that your pension is being invested ethically? 

Presenter: Paul Lewis
Reporters: Luke Wilson and Niamh McDermott
Researcher: Eimear Devlin and Jo Krasner
Editor: Jess Quayle
Senior News Editor: Sara Wadeson

(First broadcast 12pm Saturday 4th October 2025)
1 Nov English United Kingdom Business

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