SMALL BUSINESSES AND CASH TRANSACTIONS

That this House notes the vital contribution that small businesses make to the UK economy; further notes that those in sectors dealing with the sale of goods to the general public, which inevitably use cash as a payment method, suffer from excessive charges levied by banks in the provision of cash and change; and calls upon the banking industry to reduce the cost of this vital service to small business and in doing so to allow a greater level of economic security for the UK's small business sector.