Business

10,000 ATMs are at risk of closing. Should we care?

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Like telephone boxes, they could become a relic of a bygone age

Are we going to look back in a few decades and regard cash machines much in the same way we look at public phone boxes today – a relic of a bygone age, overtaken by new technology? Will some of us struggle to remember the last time we ever used one?

We were warned this week that at least 10,000 of the 55,000 free-to-use machines in the UK are at risk of closing, victims of a bust-up at the network operator Link, and our shrinking usage of cash as we go contactless.

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